signal strength 1 of 5

The Bullish Flag pattern has been formed on NZDUSD at M5. The lower boundary of the pattern is located at 0.6055/0.6055, while the higher boundary lies at 0.6061/0.6061. The projection of the flagpole is 9 points. This formation signals that the upward trend is most likely to continue. Therefore, if the level of 0.6061 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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- #AMZN
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The Double Bottom pattern has been formed on NZDUSD M5; the upper boundary is 0.5947; the lower boundary is 0.5942. The width of the pattern is 5 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top pattern has been formed on AUDUSD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6523
Open chart in a new windowThe Bullish pennant pattern is formed on the #TSLA M30 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
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