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According to the chart of M5, EURUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.1039/1.1024 whereas the lower border goes across 1.1006/1.1024. The pattern width is measured on the chart at 33 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 1.1024 is broken, the price could continue its move toward 1.1039.
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 Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 162.45 and support 162.26
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 EURJPY M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -6, support level -6
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M15, GOLD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 3314.24, the lower border is 3300.82. The signal means
The M5 and M15 time frames may have more false entry points.
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