signal strength 2 of 5
The Bullish Flag pattern has been formed on GBPJPY at M15. The lower boundary of the pattern is located at 196.01/196.01, while the higher boundary lies at 196.09/196.09. The projection of the flagpole is 27 points. This formation signals that the upward trend is most likely to continue. Therefore, if the level of 196.09 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
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- AUDUSD
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- GBPCHF
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The Triple Top pattern has formed on the chart of the NZDJPY M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, GBPAUD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 2.0857 and support 2.0824
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, GBPCHF formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.0923/1.0936 and upper border is 1.0946/1.0936. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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