signal strength 1 of 5
According to the chart of M5, GBPCHF formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 1.1011, the lower border is 1.0962. The signal means that a short position should be opened after fixing a price below the lower border 1.0962 of the Bearish Rectangle.
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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- AUDCAD
- AUDCHF
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- AUDUSD
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- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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The Bullish pennant signal – Trading instrument #FB M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 684.35, with the prospect
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on EURUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.1417
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDCAD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.8881, the lower border is 0.8874. The signal means
The M5 and M15 time frames may have more false entry points.
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