signal strength 2 of 5

According to the chart of M15, GOLD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 3372.11 and 3342.24 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 2987 pips. Outlook: If the upper border 3372.11 is broken, the price is likely to continue its move by 3358.31.
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. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.3346 and support 1.3336
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top pattern has been formed on GBPUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3337
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top pattern has been formed on GBPCHF M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.0727
The M5 and M15 time frames may have more false entry points.
Open chart in a new window