signal strength 1 of 5

The Double Bottom pattern has been formed on GOLD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 3331.24 is broken. The further movements will rely on the width of the current pattern 1107 points.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
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The NZDCHF M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.4705, the Neckline and the upward angle are at 0.4700/0.4699. The formation
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, GBPAUD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 2.0871 is breached. Here
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M30, GBPCHF formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 1.0823 is likely to encourage a continuation
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