signal strength 1 of 5
The Bullish Flag pattern has been formed on NZDCHF at M5. The lower boundary of the pattern is located at 0.4839/0.4829, while the higher boundary lies at 0.4849/0.4839. The projection of the flagpole is 26 points. This formation signals that the upward trend is most likely to continue. Therefore, if the level of 0.4849 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
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According to the chart of M5, GBPJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 199.31 and support 199.15
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern has been formed on AUDCAD at M30. The lower boundary of the pattern is located at 0.9006/0.9000, while the higher boundary lies at 0.9012/0.9006. The projection
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The Bullish pennant graphic pattern has formed on the AUDCAD M30 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
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