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According to the chart of M5, #Bitcoin formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 85375.58/85027.71 whereas the lower border goes across 84707.51/85027.71. The pattern width is measured on the chart at 66807 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 85027.71 is broken, the price could continue its move toward 85027.86.
The M5 and M15 time frames may have more false entry points.
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- #AAPL
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The Bearish pennant pattern has formed on the NZDCHF M30 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 0.4759; the projection
Open chart in a new windowThe Bearish pennant pattern has formed on the AUDCHF M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 0.5125; the projection
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe EURGBP M30 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.8522, the Neckline and the upward angle are at 0.8471/0.8475. The formation
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