signal strength 4 of 5

The Double Bottom pattern has been formed on EURCAD H1; the upper boundary is 1.5644; the lower boundary is 1.5589. The width of the pattern is 51 points. In case of a break of the upper boundary 1.5644, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
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- #PEP
- #TSLA
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
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- USDCAD
- USDCHF
- USDJPY
- USDRUB
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The Bullish pennant signal – Trading instrument #NTDOY M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 21.86, with the prospect
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bullish pennant pattern is formed on the #NTDOY M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bullish pennant graphic pattern has formed on the #PEP M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
Open chart in a new window