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Bullish Symmetrical Triangle
According to the chart of M5, EURUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.1555/1.1571 whereas the upper border goes across 1.1586/1.1571. 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 EURUSD will breach the upper border to head for 1.1586.
Bullish Symmetrical Triangle
According to the chart of M5, EURUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.1524/1.1549 whereas the upper border goes across 1.1573/1.1549. 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 EURUSD will breach the upper border to head for 1.1564.
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Double Top
The Double Top reversal pattern has been formed on EURUSD M30. Characteristics: the upper boundary 1.1554; the lower boundary 1.1527; the width of the pattern is 26 points. Sell trades are better to be opened below the lower boundary 1.1527 with a possible movements towards the 1.1497 level.
Double Bottom
The Double Bottom pattern has been formed on EURUSD M30. Characteristics: the support level 1.1509; the resistance level 1.1534; the width of the pattern 25 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 23 points.
Triple Bottom
The Triple Bottom pattern has formed on the chart of the EURUSD M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 1.1533/1.1526.
