signal strength 1 of 5

The Bullish pennant graphic pattern has formed on the NZDUSD M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 0.6028.
The M5 and M15 time frames may have more false entry points.
See Also
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- Triple top
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On the chart of GBPJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 198.94; the lower boundary 198.24; the width of the pattern 70 points
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on GBPJPY M5. Characteristics: the upper boundary 198.93; the lower boundary 198.81; the width of the pattern is 13 points. Sell trades
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 GBPUSD M15; the upper boundary is 1.3489; the lower boundary is 1.3449. The width of the pattern is 42 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new window