signal strength 1 of 5

According to the chart of M5, GOLD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 3285.27 and 3272.11 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 1316 pips. Outlook: If the upper border 3285.27 is broken, the price is likely to continue its move by 3277.69.
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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According to the chart of M5, NZDCHF produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 0.4833 while the median line of the Neck
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has been formed on GBPUSD M30. It has the following characteristics: resistance level 1.3440/1.3437; support level 1.3399/1.3404; the width is 41 points. In the event
Open chart in a new windowThe Double Top pattern has been formed on USDCAD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3755
The M5 and M15 time frames may have more false entry points.
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