signal strength 1 of 5
The Bearish pennant pattern has formed on the GOLD M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 3271.62; the projection of the flagpole height is equal to 1887 pips. In case the price breaks out the pattern’s bottom of 3271.62, the downtrend is expected to continue for further level 3271.47.
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the GOLD M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 3342.42 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPUSD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDCHF M15; the upper boundary is 0.8211; the lower boundary is 0.8202. The width of the pattern is 8 points. In case
The M5 and M15 time frames may have more false entry points.
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