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According to the chart of M5, #TSLA formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 301.78/300.20 whereas the lower border goes across 298.80/300.20. The pattern width is measured on the chart at 298 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 300.20 is broken, the price could continue its move toward 300.35.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AMZN
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- #PEP
- #TSLA
- #TWTR
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The Bullish Flag pattern which signals continuation of a trend has been formed on the chart AUDJPY M5. Forecast: if the price breaks above the pattern high at 96.50, then
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bullish pennant signal – Trading instrument AUDJPY M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 96.50, with the prospect
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, GBPJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 199.03, the lower border is 198.84. The signal means
The M5 and M15 time frames may have more false entry points.
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