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According to the chart of M5, #Bitcoin formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 88419.31/87233.62 whereas the lower border goes across 85751.59/87233.62. The pattern width is measured on the chart at 266772 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 87233.62 is broken, the price could continue its move toward 87233.77.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
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- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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The Bearish pennant pattern has formed on the #GOOG M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bearish pennant pattern has formed on the #AAPL M30 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 194.47 is broken through. Recommendations: Place
Open chart in a new windowAccording to the chart of M5, USDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 142.47/142.72 and upper border is 142.93/142.72. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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