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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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According to the chart of M5, USDJPY formed the Inverse Head and Shoulder pattern. The Head’s top is set at 144.19 while the median line of the Neck is found
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 #Bitcoin M5; the upper boundary is 107414.37; the lower boundary is 107202.27. The width of the pattern is 23487 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Top pattern has formed on the chart of the EURGBP M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
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