signal strength 1 of 5
According to the chart of M5, GOLD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 3285.27 and 3272.11 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 1316 pips. Outlook: If the upper border 3285.27 is broken, the price is likely to continue its move by 3277.69.
The M5 and M15 time frames may have more false entry points.
See Also
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- Triple top
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On the chart of SILVER M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 36.00; the lower boundary 35.49; the width of the pattern 505 points
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant pattern is formed on the #EBAY M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on #INTC M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 20.26
The M5 and M15 time frames may have more false entry points.
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