signal strength 2 of 5

The Bullish Flag pattern has been formed on USDCAD at M15. The lower boundary of the pattern is located at 1.3689/1.3689, while the higher boundary lies at 1.3695/1.3695. The projection of the flagpole is 11 points. This formation signals that the upward trend is most likely to continue. Therefore, if the level of 1.3695 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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- #AAPL
- #AMZN
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- AUDCAD
- AUDCHF
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- USDCAD
- USDCHF
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- USDRUB
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- M5
- M15
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The Double Top reversal pattern has been formed on GBPAUD M5. Characteristics: the upper boundary 2.0724; the lower boundary 2.0710; 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 windowThe Bullish Flag pattern which signals continuation of a trend has been formed on the chart #NTDOY D1. Forecast: if the price breaks above the pattern high at 24.49, then
Open chart in a new windowThe Bullish pennant signal – Trading instrument #NTDOY D1, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 24.49, with the prospect
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