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According to the chart of M5, AUDUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.6295/0.6288 whereas the lower border goes across 0.6279/0.6288. The pattern width is measured on the chart at 16 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.6288 is broken, the price could continue its move toward 0.6303.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GOLD M5. Characteristics: the support level 3050.78; the resistance level 3075.21; the width of the pattern 2443 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 M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
Open chart in a new windowThe Bullish Flag pattern has been formed on EURJPY at M5. The lower boundary of the pattern is located at 161.24/160.64, while the higher boundary lies at 161.82/161.22. The projection
The M5 and M15 time frames may have more false entry points.
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