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According to the chart of M5, NZDUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5744/0.5736 whereas the lower border goes across 0.5731/0.5736. The pattern width is measured on the chart at 13 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.5736 is broken, the price could continue its move toward 0.5751.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPJPY M5; the upper boundary is 194.63; the lower boundary is 193.61. The width of the pattern is 101 points. In case
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on #EBAY M15. Characteristics: the upper boundary 73.10; the lower boundary 72.18; the width of the pattern is 90 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.6439 and support 0.6431
The M5 and M15 time frames may have more false entry points.
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