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According to the chart of M5, NZDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 85.95/85.78 whereas the lower border goes across 85.58/85.78. The pattern width is measured on the chart at 37 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 85.78 is broken, the price could continue its move toward 85.93.
The M5 and M15 time frames may have more false entry points.
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On the chart of GBPJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 190.27; the lower boundary 190.02; the width of the pattern 25 points
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 SILVER M5. Characteristics: the upper boundary 33.62; the lower boundary 33.44; the width of the pattern is 185 points. Sell trades
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 #FB M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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