signal strength 3 of 5
According to the chart of M30, GOLD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 3284.62 – 3284.62 and upper border 3307.50 – 3307.50. In case the lower border is broken, the instrument is likely to follow the downward trend.
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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- M5
- M15
- M30
- H1
- D1
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- Buy
- Sale
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The Double Top reversal pattern has been formed on NZDJPY M5. Characteristics: the upper boundary 87.74; the lower boundary 87.62; the width of the pattern is 11 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GOLD produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 3247.25 while the median line of the Neck
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, AUDCHF formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.5226, the lower border is 0.5209. The signal means
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