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According to the chart of M5, GBPAUD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 2.0988/2.0939 whereas the lower border goes across 2.0903/2.0939. The pattern width is measured on the chart at 85 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 2.0939 is broken, the price could continue its move toward 2.0954.
The M5 and M15 time frames may have more false entry points.
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The technical pattern called Head and Shoulders has appeared on the chart of USDJPY M5. There are weighty reasons to suggest that the price will surpass the Neckline 145.23/145.22 after
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of NZDJPY M5. Features of the pattern: The lower line of the pattern has coordinates 87.37 with the upper limit 87.37/87.36
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDCAD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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