signal strength 1 of 5
The Bullish pennant signal – Trading instrument GBPUSD M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 1.3106, with the prospect of the next move being a projection of the flagpole height.
The M5 and M15 time frames may have more false entry points.
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #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
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The Double Top pattern has been formed on EURNZD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.8893
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, #INTC formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 20.91, the lower border is 20.74. The signal means
The M5 and M15 time frames may have more false entry points.
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On the chart of #INTC M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 20.91; the lower boundary 20.76; the width of the pattern 15 points
The M5 and M15 time frames may have more false entry points.
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