signal strength 2 of 5
According to the chart of M15, GOLD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 3314.24, the lower border is 3300.82. The signal means that a short position should be opened after fixing a price below the lower border 3300.82 of the Bearish Rectangle.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Pennant
- Rectangle
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- Triple top
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The Bearish pennant pattern has formed on the GBPCHF M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
The M5 and M15 time frames may have more false entry points.
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The Bearish Flag pattern has been formed on the chart GBPCHF M5. Therefore, the downwards trend is likely to continue in the nearest term. As soon as the price breaks
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the EURCHF M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 0.9313 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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