signal strength 1 of 5
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 3282.85 and support 3276.79. In case the resistance level 3282.85 - 3282.85 is broken, the instrument is likely to follow the bullish trend.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Pennant
- Rectangle
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- Triple top
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The Bearish Flag pattern has been formed on the chart #NTDOY M5 which signals that the downward trend will continue. If the price breaks below the low at 23.17, then
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the #NTDOY M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
The M5 and M15 time frames may have more false entry points.
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The Bearish Flag pattern has been formed on AUDJPY at M5. The lower boundary of the pattern is located at 94.49/94.61 while the upper boundary lies at 94.59/94.71. The projection
The M5 and M15 time frames may have more false entry points.
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