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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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According to the chart of M5, AUDCHF formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 0.5185, the lower border is 0.5164. 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 USDJPY H1. Characteristics: the support level 142.26; the resistance level 143.29; the width of the pattern 103 points. If the resistance level
Open chart in a new windowAccording to the chart of M5, NZDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 84.17 and 83.88 are the coordinates
The M5 and M15 time frames may have more false entry points.
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