signal strength 1 of 5
According to the chart of M5, GOLD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 3310.33 while the median line of the Neck is found at 3288.25/3303.43. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of GOLD will go towards 3310.48
The M5 and M15 time frames may have more false entry points.
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- Flag
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- Pennant
- Rectangle
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- Triple top
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The technical pattern called Head and Shoulders has appeared on the chart of EURJPY M30. There are weighty reasons to suggest that the price will surpass the Neckline 165.03/165.08 after
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The technical pattern called Head and Shoulders has appeared on the chart of EURJPY M15. There are weighty reasons to suggest that the price will surpass the Neckline 165.03/165.08 after
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of the #Bitcoin M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
The M5 and M15 time frames may have more false entry points.
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