signal strength 1 of 5
The Bullish pennant graphic pattern has formed on the #AMZN 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 203.41.
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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- #AAPL
- #AMZN
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- GBPUSD
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The Double Bottom pattern has been formed on EURUSD M5. Characteristics: the support level 1.0785; the resistance level 1.0808; the width of the pattern 23 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant signal – Trading instrument NZDJPY M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 85.60, with the prospect
The M5 and M15 time frames may have more false entry points.
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