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According to the chart of M5, EURJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 162.14/161.98 whereas the lower border goes across 161.82/161.98. The pattern width is measured on the chart at 32 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 161.98 is broken, the price could continue its move toward 162.13.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
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- EURCAD
- EURCHF
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- EURRUB
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- GBPAUD
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- GBPUSD
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- USDCAD
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According to the chart of M5, AUDUSD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.6491, the lower border is 0.6478. The signal means
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, USDCAD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 1.3797, the lower border is 1.3785. The signal means
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant graphic pattern has formed on the SILVER M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
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