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According to the chart of M5, EURUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.1486/1.1478 whereas the lower border goes across 1.1468/1.1478. The pattern width is measured on the chart at 18 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 1.1478 is broken, the price could continue its move toward 1.1493.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
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- Pennant
- Rectangle
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- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #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
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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On the chart of the AUDCAD H1 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
Open chart in a new windowThe Bearish pennant pattern has formed on the #PEP H1 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 147.37; the projection
Open chart in a new windowThe Double Top reversal pattern has been formed on AUDCAD H1. Characteristics: the upper boundary 0.8988; the lower boundary 0.8968; the width of the pattern is 22 points. Sell trades
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