Hello traders,
As you can see in the above chart of GBPAUD 4 Hrs there is formed multiple pattern.
We just need to see carefully to find out these pattern. All of the above patterns are clearly visible and easy to trade.
1. Symmetrical Triangle : Symmetrical triangle pattern is continuation pattern. Symmetrical triangle pattern is formed when price make lower high and higher low.
2. Bullish Pennant : Bullish Pennant pattern is a bullish continuation pattern, it is formed when market is in uptrend or bullish then price consolidate between converging support and resistance.
3. Ascending triangle Pattern : Ascending triangle pattern is often a bullish pattern either can be bearish. It is formed with rising trendline with flat upper line.
4. S/R Zone (Support/Resistance Zone) : Support and Resistance zone are specific points on chart that attract maximum amount of either buying or selling.
5. ABC Pattern : ABC pattern is a pattern that is used to spot the reversals.
If you like the Idea please smash the like button.
As you can see in the above chart of GBPAUD 4 Hrs there is formed multiple pattern.
We just need to see carefully to find out these pattern. All of the above patterns are clearly visible and easy to trade.
1. Symmetrical Triangle : Symmetrical triangle pattern is continuation pattern. Symmetrical triangle pattern is formed when price make lower high and higher low.
2. Bullish Pennant : Bullish Pennant pattern is a bullish continuation pattern, it is formed when market is in uptrend or bullish then price consolidate between converging support and resistance.
3. Ascending triangle Pattern : Ascending triangle pattern is often a bullish pattern either can be bearish. It is formed with rising trendline with flat upper line.
4. S/R Zone (Support/Resistance Zone) : Support and Resistance zone are specific points on chart that attract maximum amount of either buying or selling.
5. ABC Pattern : ABC pattern is a pattern that is used to spot the reversals.
If you like the Idea please smash the like button.
