signal strength 1 of 5
The Bearish pennant pattern has formed on the USDCHF M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 0.8817; the projection of the flagpole height is equal to 11 pips. In case the price breaks out the pattern’s bottom of 0.8817, the downtrend is expected to continue for further level 0.8802.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDCAD M15; the upper boundary is 1.4093; the lower boundary is 1.4049. The width of the pattern is 42 points. In case
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the EURNZD M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 15, support level -4
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDCAD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.8024 and 0.7961 are the coordinates
The M5 and M15 time frames may have more false entry points.
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