signal strength 1 of 5
According to the chart of M5, GOLD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 3315.99 and support 3311.52. In case the resistance level 3315.99 - 3315.99 is broken, the instrument is likely to follow the bullish trend.
The M5 and M15 time frames may have more false entry points.
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On the chart of AUDUSD M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.6496; the lower boundary 0.6473; the width of the pattern 23 points
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The Double Top pattern has been formed on EURUSD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.1510
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The Double Top reversal pattern has been formed on AUDCHF M15. Characteristics: the upper boundary 0.5303; the lower boundary 0.5280; the width of the pattern is 23 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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