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According to the chart of M5, EURNZD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.8850/1.8834 whereas the lower border goes across 1.8816/1.8834. The pattern width is measured on the chart at 34 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 1.8834 is broken, the price could continue its move toward 1.8849.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
- AUDCHF
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- EURCAD
- EURCHF
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- EURNZD
- EURRUB
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- GBPAUD
- GBPCHF
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- GBPUSD
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According to the chart of M5, USDCHF formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 0.8279, the lower border is 0.8262. The signal means
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on SILVER M15. Characteristics: the support level 31.90; the resistance level 32.07; the width of the pattern 170 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on GBPUSD M15. Characteristics: the support level 1.3263; the resistance level 1.3329; the width of the pattern 66 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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