signal strength 1 of 5
According to the chart of M5, GOLD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 3387.93 - 0.00 and support 3375.03 – 3375.03. In case the resistance level 3375.03 - 3375.03 is broken, the instrument is likely to follow the bearish trend.
The M5 and M15 time frames may have more false entry points.
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- Triple top
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The Double Bottom pattern has been formed on GBPJPY M5; the upper boundary is 200.24; the lower boundary is 199.52. The width of the pattern is 71 points. In case
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 AUDJPY M5. Features of the pattern: The lower line of the pattern has coordinates 95.92 with the upper limit 95.92/95.90
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 AUDJPY M5 which signals that the downward trend will continue. If the price breaks below the low at 95.83, then
The M5 and M15 time frames may have more false entry points.
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