signal strength 1 of 5

The Bullish Flag pattern has been formed on USDCAD at M5. The lower boundary of the pattern is located at 1.3870/1.3862, while the higher boundary lies at 1.3876/1.3868. The projection of the flagpole is 16 points. This formation signals that the upward trend is most likely to continue. Therefore, if the level of 1.3876 is broken, the price will move further upwards.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Bullish pennant signal – Trading instrument NZDCHF M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 0.4706, with the prospect
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on AUDUSD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe NZDCHF M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.4705, the Neckline and the upward angle are at 0.4700/0.4699. The formation
The M5 and M15 time frames may have more false entry points.
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