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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.
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According to the chart of H1, #INTC formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 17.66 is likely to encourage a continuation
Open chart in a new windowThe Double Top reversal pattern has been formed on NZDUSD M5. Characteristics: the upper boundary 0.5934; the lower boundary 0.5925; the width of the pattern is 10 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has been formed on EURCAD H1. It has the following characteristics: resistance level 1.5819/1.5767; support level 1.5683/1.5699; the width is 136 points. In the event
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