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According to the chart of M5, GBPJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 195.30/195.10 whereas the lower border goes across 194.94/195.10. The pattern width is measured on the chart at 36 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 195.10 is broken, the price could continue its move toward 195.25.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
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- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
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- USDCAD
- USDCHF
- USDJPY
- USDRUB
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The Double Bottom pattern has been formed on #PEP M30; the upper boundary is 135.87; the lower boundary is 133.74. The width of the pattern is 201 points. In case
Open chart in a new windowThe Double Bottom pattern has been formed on #PEP M30. Characteristics: the support level 133.86; the resistance level 135.87; the width of the pattern 201 points. If the resistance level
Open chart in a new windowThe Double Bottom pattern has been formed on #TSLA M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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