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According to the chart of M5, AUDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 93.62/93.57 whereas the lower border goes across 93.54/93.57. The pattern width is measured on the chart at 8 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 93.57 is broken, the price could continue its move toward 93.72.
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the SILVER M15 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -60, support level -90
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on USDJPY M5. Characteristics: the upper boundary 144.20; the lower boundary 144.03; the width of the pattern is 16 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M30, NZDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.4935/0.4952 whereas the upper border goes across 0.4969/0.4952
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