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According to the chart of M5, NZDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 86.58/86.43 whereas the lower border goes across 86.22/86.43. The pattern width is measured on the chart at 36 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 86.43 is broken, the price could continue its move toward 86.58.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
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The Bullish Flag pattern has been formed on the chart #NTDOY M30 which signals that the upward trend will continue. Signals: а break of the peak at 20.76 may push
Open chart in a new windowThe Bullish Flag pattern which signals continuation of a trend has been formed on the chart #NTDOY M30. Forecast: if the price breaks above the pattern high at 20.76, then
Open chart in a new windowThe Double Top reversal pattern has been formed on #KO M5. Characteristics: the upper boundary 72.65; the lower boundary 72.32; the width of the pattern is 35 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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