signal strength 3 of 5
According to the chart of M30, NZDCAD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.8184 while the median line of the Neck is found at 0.8151/0.8174. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of NZDCAD will go towards 0.8214
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The Triple Top pattern has formed on the chart of the AUDJPY M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 2, support level -3
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GOLD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 3378.88 and support 3368.80
The M5 and M15 time frames may have more false entry points.
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On the chart of GOLD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 3378.88; the lower boundary 3369.32; the width of the pattern 956 points
The M5 and M15 time frames may have more false entry points.
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