signal strength 1 of 5
The Bullish Flag pattern which signals continuation of a trend has been formed on the chart USDJPY M5. Forecast: if the price breaks above the pattern high at 144.18, then traders will be able to place a long deal with the target at 144.33.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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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 1.0839, the lower border is 1.0834. The signal means
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on AUDJPY M15. Characteristics: the upper boundary 96.60; the lower boundary 96.49; the width of the pattern is 11 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on AUDJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 96.49
The M5 and M15 time frames may have more false entry points.
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