signal strength 2 of 5
According to the chart of M15, USDCAD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.3741 and 1.3692 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 49 pips. Outlook: If the upper border 1.3741 is broken, the price is likely to continue its move by 1.3742.
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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The Bullish pennant signal – Trading instrument #Bitcoin M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 108182.82, with the prospect
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on #Bitcoin M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 108036.85
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #Bitcoin M5. Characteristics: the support level 107955.72; the resistance level 108251.09; the width of the pattern 29537 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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