signal strength 1 of 5
The Bearish Flag pattern has been formed on the chart GOLD M5. Therefore, the downwards trend is likely to continue in the nearest term. As soon as the price breaks below the low at 2993.55, traders should enter the market.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Top pattern has been formed on AUDUSD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6652
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According to the chart of M30, NZDUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.5976 and support 0.5955
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According to the chart of M15, NZDUSD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 0.5976, the lower border is 0.5955. The signal means
The M5 and M15 time frames may have more false entry points.
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