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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 194.20/194.02 whereas the lower border goes across 193.77/194.02. The pattern width is measured on the chart at 43 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 194.02 is broken, the price could continue its move toward 194.17.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
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The Double Bottom pattern has been formed on GBPAUD M30; the upper boundary is 2.0616; the lower boundary is 2.0566. The width of the pattern is 47 points. In case
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The Bullish Flag pattern has been formed on the chart AUDCHF M5 which signals that the upward trend will continue. Signals: а break of the peak at 0.5551 may push
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant graphic pattern has formed on the AUDCHF M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
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