signal strength 2 of 5
The Bullish Flag pattern has been formed on GBPUSD at M15. The lower boundary of the pattern is located at 1.3255/1.3255, while the higher boundary lies at 1.3263/1.3263. The projection of the flagpole is 19 points. This formation signals that the upward trend is most likely to continue. Therefore, if the level of 1.3263 is broken, the price will move further upwards.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCHF
- AUDJPY
- AUDUSD
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- EURGBP
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- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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- M15
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The Double Bottom pattern has been formed on GBPCHF M15; the upper boundary is 1.1111; the lower boundary is 1.1093. The width of the pattern is 18 points. In case
The M5 and M15 time frames may have more false entry points.
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On the chart of the GBPUSD M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDCHF M15. Characteristics: the support level 0.4913; the resistance level 0.4921; the width of the pattern 8 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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