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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 Double Bottom pattern has been formed on GBPJPY M15. 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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According to the chart of M5, EURJPY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 166.67 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURUSD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.1474
The M5 and M15 time frames may have more false entry points.
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