signal strength 1 of 5
The Bullish Flag pattern has been formed on AUDUSD at M5. The lower boundary of the pattern is located at 0.6553/0.6553, while the higher boundary lies at 0.6561/0.6561. The projection of the flagpole is 13 points. This formation signals that the upward trend is most likely to continue. Therefore, if the level of 0.6561 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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The Double Bottom pattern has been formed on AUDUSD M5; the upper boundary is 0.6590; the lower boundary is 0.6582. The width of the pattern is 8 points. In case
The M5 and M15 time frames may have more false entry points.
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On the chart of AUDCAD M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.9123; the lower boundary 0.9110; the width of the pattern 13 points
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On the chart of the AUDUSD M30 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
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