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According to the chart of M5, USDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 144.46/144.35 whereas the lower border goes across 144.23/144.35. The pattern width is measured on the chart at 23 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 144.35 is broken, the price could continue its move toward 144.50.
The M5 and M15 time frames may have more false entry points.
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- EURCAD
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- EURNZD
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The GBPCHF M30 formed the Head and Shoulders pattern with the following features: The Head’s top is at 1.1015, the Neckline and the upward angle are at 1.0983/1.0982. The formation
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On the chart of EURNZD M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.9344; the lower boundary 1.9285; the width of the pattern 59 points
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The technical pattern called Head and Shoulders has appeared on the chart of EURNZD M5. There are weighty reasons to suggest that the price will surpass the Neckline 1.9318/1.9321 after
The M5 and M15 time frames may have more false entry points.
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