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According to the chart of M5, NZDCAD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.8314/0.8304 whereas the lower border goes across 0.8294/0.8304. 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 0.8304 is broken, the price could continue its move toward 0.8319.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
- AUDCHF
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- AUDUSD
- EURCAD
- EURCHF
- EURGBP
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- EURRUB
- EURUSD
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The Double Bottom pattern has been formed on AUDCHF M30. Characteristics: the support level 0.5281; the resistance level 0.5302; the width of the pattern 21 points. If the resistance level
Open chart in a new windowThe Double Bottom pattern has been formed on AUDCAD M15; the upper boundary is 0.8869; the lower boundary is 0.8856. The width of the pattern is 14 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has formed on the chart of AUDCHF M5. Features of the pattern: The lower line of the pattern has coordinates 0.5302 with the upper limit 0.5302/0.5292
The M5 and M15 time frames may have more false entry points.
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