signal strength 1 of 5
The Double Top pattern has been formed on GOLD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 3099.42 is broken, the downward movement will continue.
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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According to the chart of M15, GOLD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 2991.89 - 0.00
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant signal – Trading instrument EURUSD M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 1.0979, with the prospect
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern which signals continuation of a trend has been formed on the chart EURCAD M5. Forecast: if the price breaks above the pattern high at 1.5658, then
The M5 and M15 time frames may have more false entry points.
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