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According to the chart of M5, GBPAUD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 2.0619/2.0611 whereas the lower border goes across 2.0603/2.0611. The pattern width is measured on the chart at 16 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 2.0611 is broken, the price could continue its move toward 2.0626.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, GBPAUD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 2.0555/2.0594 whereas the upper border goes across 2.0628/2.0594
Open chart in a new windowThe Bullish Flag pattern has been formed on GBPJPY at H1. The lower boundary of the pattern is located at 198.39/197.95, while the higher boundary lies at 198.89/198.45. The projection
Open chart in a new windowThe Bullish pennant signal – Trading instrument GBPJPY H1, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 198.89, with the prospect
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