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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 0.6313/0.6299 whereas the lower border goes across 0.6289/0.6299. The pattern width is measured on the chart at 24 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.6299 is broken, the price could continue its move toward 0.6314.
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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- #AAPL
- #AMZN
- #Bitcoin
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- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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The Bearish pennant pattern has formed on the #FB M15 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 499.30 is broken through. Recommendations: Place
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 #MA M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
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 #TSLA M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 247.91; the projection
The M5 and M15 time frames may have more false entry points.
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