signal strength 1 of 5
According to the chart of M5, GOLD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 3109.07/3117.44 whereas the upper border goes across 3126.71/3117.44. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of GOLD will breach the upper border to head for 3117.59.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDCHF M15; the upper boundary is 0.8224; the lower boundary is 0.8215. The width of the pattern is 9 points. In case
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDUSD M15. Characteristics: the support level 0.5955; the resistance level 0.5969; the width of the pattern 14 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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On the chart of GBPAUD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 2.0555; the lower boundary 2.0513; the width of the pattern 42 points
The M5 and M15 time frames may have more false entry points.
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