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According to the chart of M5, AUDUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.6574/0.6570 whereas the lower border goes across 0.6564/0.6570. The pattern width is measured on the chart at 10 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.6570 is broken, the price could continue its move toward 0.6585.
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern has been formed on the chart AUDJPY M5 which signals that the upward trend will continue. Signals: а break of the peak at 94.73 may push
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, GBPJPY formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 197.87 is breached. Here
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has formed on the chart of GBPJPY M5. Features of the pattern: The lower line of the pattern has coordinates 198.20 with the upper limit 198.20/198.11
The M5 and M15 time frames may have more false entry points.
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