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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 87.81/87.35 whereas the lower border goes across 86.97/87.35. The pattern width is measured on the chart at 84 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 87.35 is broken, the price could continue its move toward 87.50.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #Bitcoin M5. Characteristics: the support level 103472.45; the resistance level 103745.49; the width of the pattern 27304 points. If the resistance level
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 GBPJPY M15. Characteristics: the upper boundary 193.77; the lower boundary 193.55; the width of the pattern is 22 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, AUDCAD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.8920/0.8945 and upper border is 0.8975/0.8945. The pattern width is measured
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