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The Triple Top pattern has formed on the chart of the AUDCAD M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -4, support level -8, and pattern’s width 20. Forecast If the price breaks through the support level 0.8758, it is likely to move further down to 0.8768.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 92.97 and 92.60 are the coordinates
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, NZDUSD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.5909 is breached. Here
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 EURCHF M5. Characteristics: the support level 0.9316; the resistance level 0.9328; the width of the pattern 12 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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