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According to the chart of M5, AUDCAD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.8838/0.8828 whereas the lower border goes across 0.8815/0.8828. The pattern width is measured on the chart at 23 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.8828 is broken, the price could continue its move toward 0.8843.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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According to the chart of M5, #MCD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 313.50/314.32 and upper border is 315.12/314.32. The pattern width is measured
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 #INTC M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 19.94; the projection
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 #NTDOY M15 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
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