signal strength 1 of 5
The Double Bottom pattern has been formed on GOLD M5; the upper boundary is 3026.69; the lower boundary is 3015.42. The width of the pattern is 1078 points. In case of a break of the upper boundary 3026.69, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
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 USDJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 149.54
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 193.35/193.57 and upper border is 193.89/193.57. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant graphic pattern has formed on the AUDJPY M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
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