signal strength 1 of 5
According to the chart of M5, GBPCHF formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.0951 - 0.0000 and support 1.0929 – 1.0929. In case the resistance level 1.0929 - 1.0929 is broken, the instrument is likely to follow the bearish trend.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GOLD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 3337.37 and support 3326.83
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of USDJPY M5. Features of the pattern: The lower line of the pattern has coordinates 143.80 with the upper limit 143.80/143.76
The M5 and M15 time frames may have more false entry points.
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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 3326.83
The M5 and M15 time frames may have more false entry points.
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