signal strength 2 of 5

The Double Top pattern has been formed on NZDCAD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8115 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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On the chart of GOLD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 3364.57; the lower boundary 3351.31; the width of the pattern 1326 points
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on SILVER M15. Characteristics: the support level 34.37; the resistance level 34.49; the width of the pattern 120 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M15, GOLD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 3372.11 and 3342.24 are the coordinates
The M5 and M15 time frames may have more false entry points.
Open chart in a new window