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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 0.6550/0.6538 whereas the lower border goes across 0.6525/0.6538. The pattern width is measured on the chart at 25 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.6538 is broken, the price could continue its move toward 0.6553.
The M5 and M15 time frames may have more false entry points.
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The Bearish Flag pattern has been formed on the chart AUDJPY M15 which signals that the downward trend will continue. If the price breaks below the low at 95.45, then
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bearish pennant pattern has formed on the AUDJPY M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 95.45; the projection
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 AUDCAD M5. Characteristics: the support level 0.8900; the resistance level 0.8951; the width of the pattern 51 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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