signal strength 1 of 5
According to the chart of M5, GOLD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 3337.89/3332.09 whereas the lower border goes across 3323.71/3332.09. The pattern width is measured on the chart at 1418 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 3332.09 is broken, the price could continue its move toward 3332.24.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, EURNZD formed the Head and Shoulders pattern. The Head’s top is set at 1.9482 while the median line of the Neck is found
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The Bullish pennant pattern is formed on the #TSLA M30 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
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The Double Bottom pattern has been formed on AUDCHF M30. Characteristics: the support level 0.5214; the resistance level 0.5244; the width of the pattern 30 points. If the resistance level
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