signal strength 1 of 5
The Bullish pennant graphic pattern has formed on the EURCAD M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 1.5642.
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
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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- M5
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On the chart of the USDJPY M15 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDCHF H1; the upper boundary is 0.5334; the lower boundary is 0.5277. The width of the pattern is 56 points. In case
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On the chart of USDJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 145.77; the lower boundary 145.36; the width of the pattern 41 points
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