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According to the chart of M5, NZDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 85.07/84.81 whereas the lower border goes across 84.47/84.81. The pattern width is measured on the chart at 60 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 84.81 is broken, the price could continue its move toward 84.96.
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the #AAPL M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 204.23; the projection
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 USDCAD M15. Characteristics: the support level 1.3937; the resistance level 1.3950; the width of the pattern 13 points. If the resistance level
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 #Bitcoin H1. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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