signal strength 1 of 5
According to the chart of M5, AUDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 93.60/93.49 whereas the lower border goes across 93.40/93.49. The pattern width is measured on the chart at 20 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 93.49 is broken, the price could continue its move toward 93.64.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AMZN
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- AUDCAD
- AUDCHF
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- AUDUSD
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- GBPJPY
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The Double Bottom pattern has been formed on AUDCHF M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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The Bullish Flag pattern has been formed on the chart #PEP H1 which signals that the upward trend will continue. Signals: а break of the peak at 131.27 may push
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The Bullish Flag pattern has been formed on the chart #PEP H1 which signals that the upward trend will continue. Signals: а break of the peak at 131.27 may push
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