signal strength 4 of 5
The Bullish pennant signal – Trading instrument GBPJPY H1, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 198.89, with the prospect of the next move being a projection of the flagpole height.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- 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
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- 1
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The Bullish Flag pattern has been formed on NZDCHF at M5. The lower boundary of the pattern is located at 0.4597/0.4595, while the higher boundary lies at 0.4599/0.4597. The projection
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant graphic pattern has formed on the NZDCHF M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
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 M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 101.84
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