signal strength 1 of 5

The Bearish pennant pattern has formed on the EURCAD M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 1.5727; the projection of the flagpole height is equal to 15 pips. In case the price breaks out the pattern’s bottom of 1.5727, the downtrend is expected to continue for further level 1.5712.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
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- Triple top
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The Bearish Flag pattern has been formed on NZDUSD at M5. The lower boundary of the pattern is located at 0.5922/0.5928 while the upper boundary lies at 0.5926/0.5932. The projection
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bearish pennant pattern has formed on the NZDUSD M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 0.5922; the projection
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe technical pattern called Head and Shoulders has appeared on the chart of GBPUSD M30. There are weighty reasons to suggest that the price will surpass the Neckline 1.3435/1.3447 after
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