signal strength 1 of 5
According to the chart of M5, GOLD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 3314.14/3331.45 and upper border is 3343.45/3331.45. The pattern width is measured on the chart at -2931 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and GOLD breaches the lower border, the price could continue its move toward 3331.30.
The M5 and M15 time frames may have more false entry points.
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On the chart of EURCAD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.5739; the lower boundary 1.5723; the width of the pattern 16 points
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the EURUSD M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDUSD M15; the upper boundary is 0.5977; the lower boundary is 0.5961. The width of the pattern is 18 points. In case
The M5 and M15 time frames may have more false entry points.
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