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 3230.87/3238.10 whereas the upper border goes across 3242.94/3238.10. 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 3238.25.
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 Triple Top pattern has formed on the chart of the EURCHF M15 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 0, support level -4
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowOn the chart of AUDCAD H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8932; the lower boundary 0.8902; the width of the pattern 30 points
Open chart in a new windowThe Bullish Flag pattern has been formed on AUDJPY at M5. The lower boundary of the pattern is located at 94.27/94.19, while the higher boundary lies at 94.35/94.27. The projection
The M5 and M15 time frames may have more false entry points.
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