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
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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According to the chart of M5, EURUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.1390 and 1.1354 are the coordinates
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, NZDUSD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 0.5979, the lower border is 0.5967. The signal means
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the #MCD M30. Features of the pattern: borders have an ascending angle; the lower line of the pattern
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