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According to the chart of M5, AUDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 87.81/87.35 whereas the lower border goes across 86.97/87.35. The pattern width is measured on the chart at 84 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 87.35 is broken, the price could continue its move toward 87.50.
The M5 and M15 time frames may have more false entry points.
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On the chart of the #TSLA M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
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 AUDJPY M15. Characteristics: the support level 97.98; the resistance level 98.07; the width of the pattern 9 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has been formed on AUDJPY M5. It has the following characteristics: resistance level 98.10/98.07; support level 97.98/97.98; the width is 12 points. In the event
The M5 and M15 time frames may have more false entry points.
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