signal strength 1 of 5
According to the chart of M5, GOLD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 3290.62, the lower border is 3281.38. The signal means that a short position should be opened after fixing a price below the lower border 3281.38 of the Bearish Rectangle.
The M5 and M15 time frames may have more false entry points.
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The AUDUSD M15 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.6563, the Neckline and the upward angle are at 0.6548/0.6549. The formation
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GBPUSD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3564
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on GBPUSD M5. Characteristics: the upper boundary 1.3577; the lower boundary 1.3564; the width of the pattern is 14 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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