signal strength 1 of 5

The Bullish pennant graphic pattern has formed on the SILVER M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 30.23.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
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- AUDUSD
- EURCAD
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- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
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- GBPCHF
- GBPJPY
- GBPUSD
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According to the chart of M5, EURCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.5593/1.5640 whereas the upper border goes across 1.5695/1.5640
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, GOLD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 3337.37 and support 3326.83
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has formed on the chart of USDJPY M5. Features of the pattern: The lower line of the pattern has coordinates 143.80 with the upper limit 143.80/143.76
The M5 and M15 time frames may have more false entry points.
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