signal strength 1 of 5
According to the chart of M5, GOLD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 3362.61/3348.34 whereas the lower border goes across 3328.32/3348.34. The pattern width is measured on the chart at 3429 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 3348.34 is broken, the price could continue its move toward 3348.49.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCHF
- AUDJPY
- AUDUSD
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- EURGBP
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- GBPCHF
- GBPJPY
- GBPUSD
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According to the chart of M15, GBPAUD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 2.0656, the lower border is 2.0631. The signal means
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPAUD M15. Characteristics: the support level 2.0632; the resistance level 2.0654; the width of the pattern 22 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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On the chart of the NZDCAD M5 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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