signal strength 1 of 5
The Triple Top pattern has formed on the chart of the GOLD M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 3335.98/3338.01 with the upper limit 3342.45/3344.99; the projection of the width is 647 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 3335.98, the price is most likely to continue the downward movement.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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- Pennant
- Rectangle
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- AUDCAD
- AUDCHF
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- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
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- USDCHF
- USDJPY
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The Double Top reversal pattern has been formed on GBPCHF M5. Characteristics: the upper boundary 1.1100; the lower boundary 1.1078; the width of the pattern is 23 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDCHF M5. Characteristics: the support level 0.5343; the resistance level 0.5362; the width of the pattern 19 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant pattern is formed on the GBPUSD M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
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