signal strength 1 of 5
The technical pattern called Head and Shoulders has appeared on the chart of GOLD M5. There are weighty reasons to suggest that the price will surpass the Neckline 3473.12/3476.36 after the right shoulder has been formed. So, the trend is set to change with the price heading for 3476.21.
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 Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 193.36, the lower border is 193.15. The signal means
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURCAD M5; the upper boundary is 1.5643; the lower boundary is 1.5624. The width of the pattern is 20 points. In case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 163.42/163.55 whereas the upper border goes across 163.70/163.55
The M5 and M15 time frames may have more false entry points.
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