signal strength 2 of 5
The Bullish pennant graphic pattern has formed on the EURCAD M15 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 1.5536.
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
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
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On the chart of EURGBP H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8449; the lower boundary 0.8442; the width of the pattern 7 points
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The Triple Bottom pattern has formed on the chart of AUDCAD M5. Features of the pattern: The lower line of the pattern has coordinates 0.8873 with the upper limit 0.8873/0.8864
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDJPY M5. Characteristics: the support level 92.17; the resistance level 92.36; the width of the pattern 19 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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