Patterns

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  • USDJPY
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  • EURJPY
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  • AUDNZD
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  • EURNZD
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  • EURCHF
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  • GBPAUD
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  • GBPNZD
  • NZDCAD
  • NZDCHF
  • CHFJPY
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There are no Live patterns right now

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There are no Live patterns right now

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There are no Live patterns right now

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CHFJPY
CHFJPY May rise 5 - 8 pips
Bullish Closed

2023-06-06 20:20:00

A Price Action Symmetric Triangle pattern formation on the 5 Min time frame chart supports CHFJPY Bullish bias. A break of 153.761 will support the rise towards the target of 153.806 the break of 153.806 would push the price to 153.836.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 153.717
  • Support S1: 153.706, S2: 153.69 , S3: 153.679
  • Resistance R1: 153.733 , R2: 153.744 , R3: 153.76
  • Age 9 Bars
    Full view

Symmetric Triangle

A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. It can also be referred to as a coil, usually forms during a trend as a continuation pattern. The pattern contains at least two lower highs and two higher lows