signal strength 2 of 5
The Bullish pennant pattern is formed on the EURCAD M15 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 1.5701, a further uptrend is possible.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURUSD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.1474
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURJPY formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 166.67
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on GBPUSD D1. Characteristics: the upper boundary 1.3615; the lower boundary 1.3455; the width of the pattern is 176 points. Sell trades
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