signal strength 1 of 5
According to the chart of M5, GOLD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 3311.08 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -3093 pips.
The M5 and M15 time frames may have more false entry points.
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- Triple top
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The Double Top pattern has been formed on NZDUSD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5953
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on GBPUSD M15. Characteristics: the upper boundary 1.3367; the lower boundary 1.3354; the width of the pattern is 13 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the NZDUSD M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -1, support level -5
The M5 and M15 time frames may have more false entry points.
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