signal strength 1 of 5
According to the chart of M5, GOLD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 3230.87/3238.10 whereas the upper border goes across 3242.94/3238.10. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of GOLD will breach the upper border to head for 3238.25.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
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The Bearish Flag pattern has been formed on the chart GBPCHF M5. Therefore, the downwards trend is likely to continue in the nearest term. As soon as the price breaks
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the EURCHF M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 0.9313 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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On the chart of the NZDUSD M15 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
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