signal strength 2 of 5
The Bullish Flag pattern has been formed on EURJPY at M15. The lower boundary of the pattern is located at 163.36/163.14, while the higher boundary lies at 163.60/163.38. The projection of the flagpole is 62 points. This formation signals that the upward trend is most likely to continue. Therefore, if the level of 163.60 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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According to the chart of M5, GBPUSD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.3425 - 0.0000
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on GBPAUD M5. It has the following characteristics: resistance level 2.0635/2.0615; support level 2.0604/2.0605; the width is 31 points. In the event
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 the #Bitcoin H1 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
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