signal strength 3 of 5
The Bullish pennant signal – Trading instrument GBPUSD M30, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 1.2999, with the prospect of the next move being a projection of the flagpole height.
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
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The Double Top pattern has been formed on AUDUSD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6464
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According to the chart of M15, GBPUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.3314 and support 1.3298
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on GOLD M15. Characteristics: the upper boundary 3257.36; the lower boundary 3241.62; the width of the pattern is 1504 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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