signal strength 1 of 5
The Bullish Flag pattern has been formed on EURUSD at M5. The lower boundary of the pattern is located at 1.0825/1.0817, while the higher boundary lies at 1.0833/1.0825. The projection of the flagpole is 18 points. This formation signals that the upward trend is most likely to continue. Therefore, if the level of 1.0833 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
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
- All
- 1
- 2
- 3
- 4
- 5
According to the chart of M5, GBPCHF formed the Head and Shoulders pattern. The Head’s top is set at 1.1418 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on AUDUSD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6300
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; the upper boundary is 87504.98; the lower boundary is 87210.25. The width of the pattern is 27754 points. In case
The M5 and M15 time frames may have more false entry points.
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