signal strength 1 of 5
The Bullish pennant signal – Trading instrument USDJPY M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 143.28, with the prospect of the next move being a projection of the flagpole height.
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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- 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
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- M5
- M15
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- H1
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The Double Bottom pattern has been formed on NZDUSD M15; the upper boundary is 0.6010; the lower boundary is 0.6000. The width of the pattern is 11 points. In case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDCHF formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.5232 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPCHF formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 1.0724, the lower border is 1.0709. The signal means
The M5 and M15 time frames may have more false entry points.
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