signal strength 1 of 5
According to the chart of M5, GOLD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 3360.03 – 3360.03 and upper border 3365.49 – 3365.49. In case the upper border is broken, the instrument is likely to follow the upward trend.
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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The Double Top pattern has been formed on GBPAUD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 2.0873
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDCHF formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.5274 and support 0.5267
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDCHF formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 0.4889, the lower border is 0.4881. The signal means
The M5 and M15 time frames may have more false entry points.
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