signal strength 1 of 5
The Bullish pennant pattern is formed on the USDCAD M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 1.3876, a further uptrend is possible.
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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- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- 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
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
- All
- 1
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- 5
On the chart of EURCHF M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.9417; the lower boundary 0.9379; the width of the pattern 38 points
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The Double Top pattern has been formed on #Bitcoin M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 108359.72
The M5 and M15 time frames may have more false entry points.
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On the chart of EURCHF M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.9417; the lower boundary 0.9379; the width of the pattern 38 points
The M5 and M15 time frames may have more false entry points.
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