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 3109.07/3117.44 whereas the upper border goes across 3126.71/3117.44. 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 3117.59.
The M5 and M15 time frames may have more false entry points.
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- Rectangle
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- Triple top
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The Double Top reversal pattern has been formed on GBPCHF M5. Characteristics: the upper boundary 1.0810; the lower boundary 1.0791; the width of the pattern is 18 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, GBPCHF formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 1.0810, the lower border is 1.0791. The signal means
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the USDCHF M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -2, support level -4
The M5 and M15 time frames may have more false entry points.
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