signal strength 1 of 5

According to the chart of M5, USDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8825/0.8830 whereas the upper border goes across 0.8835/0.8830. 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 USDCHF will breach the upper border to head for 0.8845.
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 Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 3290.62, the lower border is 3281.38. The signal means
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 GOLD M15; the upper boundary is 3290.62; the lower boundary is 3281.66. The width of the pattern is 924 points. In case
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 AUDJPY M5; the upper boundary is 94.69; the lower boundary is 94.41. The width of the pattern is 29 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new window