signal strength 2 of 5
The Bullish Flag pattern has been formed on EURJPY at M15. The lower boundary of the pattern is located at 163.36/163.14, while the higher boundary lies at 163.60/163.38. The projection of the flagpole is 62 points. This formation signals that the upward trend is most likely to continue. Therefore, if the level of 163.60 is broken, the price will move further upwards.
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
- All
- #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
- 2
- 3
- 4
- 5
According to the chart of M5, AUDJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 94.99 - 0.00
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
According to the chart of M5, GBPAUD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 2.0901 and support 2.0883
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
The Double Top reversal pattern has been formed on GBPCHF M15. Characteristics: the upper boundary 1.0896; the lower boundary 1.0882; the width of the pattern is 13 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
