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According to the chart of M5, USDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 150.95/150.72 whereas the lower border goes across 150.50/150.72. The pattern width is measured on the chart at 45 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 150.72 is broken, the price could continue its move toward 150.87.
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GBPJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 188.79
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bullish pennant graphic pattern has formed on the #GOOG M30 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
Open chart in a new windowThe Double Bottom pattern has been formed on AUDJPY M5; the upper boundary is 90.87; the lower boundary is 90.68. The width of the pattern is 21 points. In case
The M5 and M15 time frames may have more false entry points.
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