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According to the chart of M5, AUDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 93.60/93.49 whereas the lower border goes across 93.40/93.49. The pattern width is measured on the chart at 20 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 93.49 is broken, the price could continue its move toward 93.64.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
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On the chart of the GOLD M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, GOLD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 3282.85/3279.64
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, GOLD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 3282.85 and support 3276.79
The M5 and M15 time frames may have more false entry points.
Open chart in a new window