signal strength 1 of 5
The Bullish pennant graphic pattern has formed on the AUDCHF 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 0.5566.
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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According to the chart of M15, GBPCHF produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 1.1116 while the median line of the Neck
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of EURCHF M15. Features of the pattern: The lower line of the pattern has coordinates 0.9347 with the upper limit 0.9347/0.9342
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 195.33 and 194.79 are the coordinates
The M5 and M15 time frames may have more false entry points.
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