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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The Double Bottom pattern has been formed on #AMZN M5. Characteristics: the support level 200.37; the resistance level 201.93; the width of the pattern 156 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #MSFT M5. Characteristics: the support level 451.84; the resistance level 454.67; the width of the pattern 283 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURCAD formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 1.5670 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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