signal strength 1 of 5
The Bullish Flag pattern has been formed on USDCHF at M5. The lower boundary of the pattern is located at 0.8793/0.8781, while the higher boundary lies at 0.8803/0.8791. The projection of the flagpole is 23 points. This formation signals that the upward trend is most likely to continue. Therefore, if the level of 0.8803 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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- 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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The Double Top reversal pattern has been formed on GBPAUD M5. Characteristics: the upper boundary 2.0591; the lower boundary 2.0579; the width of the pattern is 11 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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On the chart of the EURCHF M30 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
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The NZDCHF M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.5083, the Neckline and the upward angle are at 0.5074/0.5075. The formation
The M5 and M15 time frames may have more false entry points.
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