signal strength 1 of 5
The Bullish pennant graphic pattern has formed on the NZDCHF 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 0.4788.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
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- Rectangle
- Triangle
- Triple top
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The Double Bottom pattern has been formed on GBPCHF M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GOLD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 3230.87/3238.10 whereas the upper border goes across 3242.94/3238.10
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, USDCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.8286
The M5 and M15 time frames may have more false entry points.
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