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According to the chart of M5, USDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8825/0.8830 whereas the upper border goes across 0.8835/0.8830. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of USDCHF will breach the upper border to head for 0.8845.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, GBPJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 194.75 and support 194.64
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowOn the chart of AUDJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 94.69; the lower boundary 94.31; the width of the pattern 38 points
Open chart in a new windowAccording to the chart of M5, GBPJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 194.75 and support 194.64
The M5 and M15 time frames may have more false entry points.
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