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.
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The Double Top pattern has been formed on EURJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 165.53
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPAUD M30; the upper boundary is 2.0735; the lower boundary is 2.0666. The width of the pattern is 67 points. In case
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According to the chart of M15, GBPJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 195.89/195.54
The M5 and M15 time frames may have more false entry points.
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