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According to the chart of M5, NZDUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.6061/0.6039 whereas the lower border goes across 0.6016/0.6039. 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 0.6039 is broken, the price could continue its move toward 0.6054.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDCAD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.8903 is breached. Here
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, #TSLA formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 316.69 is breached. Here
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 GBPCHF M5. Characteristics: the support level 1.0760; the resistance level 1.0770; the width of the pattern 10 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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