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The Bullish pennant signal – Trading instrument #INTC M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 37.50, with the prospect of the next move being a projection of the flagpole height.

The Bullish Flag pattern has been formed on the chart EURGBP M5 which signals that the upward trend will continue. Signals: а break of the peak at 0.8764 may push the price higher, and the rise will be the projection of the pole.

The Bullish pennant graphic pattern has formed on the EURGBP 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 0.8779.

The Double Bottom pattern has been formed on EURUSD M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 1.1717 is broken. The further movements will rely on the width of the current pattern 14 points.

The Double Top pattern has been formed on USDCHF M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.7945 is broken, the downward movement will continue.