signal strength 1 of 5
The Bullish pennant graphic pattern has formed on the GOLD 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 3321.87.
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
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On the chart of AUDUSD M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.6496; the lower boundary 0.6482; the width of the pattern 14 points
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The Double Bottom pattern has been formed on GOLD H1. Characteristics: the support level 3339.89; the resistance level 3358.78; the width of the pattern 1889 points. If the resistance level
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According to M5, #MCD is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 289.77/289.97 is broken out, the instrument is likely to move toward
The M5 and M15 time frames may have more false entry points.
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