signal strength 3 of 5
According to the chart of M30, GOLD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 3065.51 – 3065.51 and upper border 3086.32 – 3086.32. In case the upper border is broken, the instrument is likely to follow the upward trend.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
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- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
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- GBPCHF
- GBPJPY
- GBPUSD
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- NZDUSD
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According to the chart of M5, AUDCAD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.9120 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDUSD M5. Characteristics: the support level 0.6582; the resistance level 0.6586; the width of the pattern 4 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPAUD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 2.0545/2.0529
The M5 and M15 time frames may have more false entry points.
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