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According to the chart of M5, EURJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 163.27 and 162.53 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 74 pips. Outlook: If the upper border 163.27 is broken, the price is likely to continue its move by 163.11.
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 the USDCHF M15 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on USDCHF 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.
Open chart in a new windowThe Double Top reversal pattern has been formed on NZDCAD M5. Characteristics: the upper boundary 0.8232; the lower boundary 0.8222; the width of the pattern is 10 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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