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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 93.10/92.93 whereas the lower border goes across 92.76/92.93. The pattern width is measured on the chart at 34 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 92.93 is broken, the price could continue its move toward 93.08.
The M5 and M15 time frames may have more false entry points.
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The Bearish Flag pattern has been formed on USDCAD at M5. The lower boundary of the pattern is located at 1.3715/1.3719 while the upper boundary lies at 1.3719/1.3723. The projection
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bearish pennant pattern has formed on the USDCAD M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 1.3715; the projection
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowOn the chart of the USDJPY M15 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
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