signal strength 1 of 5

According to the chart of M5, GOLD produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 3247.25 while the median line of the Neck is set at 3275.01/3270.41. The formation of the Inverse Head and Shoulder Pattern clearly indicates a reversal of the downward trend. In means that in case the scenario comes true, the price of GOLD will go towards 3270.56.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, NZDCAD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.8187
Open chart in a new windowAccording to the chart of H1, NZDCAD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8203 - 0.0000
Open chart in a new windowThe Double Bottom pattern has been formed on NZDCAD M30; the upper boundary is 0.8203; the lower boundary is 0.8189. The width of the pattern is 15 points. In case
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