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According to the chart of M5, GBPJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 194.20/194.02 whereas the lower border goes across 193.77/194.02. The pattern width is measured on the chart at 43 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 194.02 is broken, the price could continue its move toward 194.17.
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the EURCAD M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, EURCHF formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.9349/0.9376 and upper border is 0.9416/0.9376. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on #FB D1. Characteristics: the support level 482.05; the resistance level 587.72; the width of the pattern 10567 points. If the resistance level
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