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According to the chart of M5, GOLD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 3362.61/3348.34 whereas the lower border goes across 3328.32/3348.34. The pattern width is measured on the chart at 3429 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 3348.34 is broken, the price could continue its move toward 3348.49.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GOLD M5. Characteristics: the support level 3330.94; the resistance level 3337.55; the width of the pattern 661 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDJPY M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDJPY M15. Characteristics: the support level 94.53; the resistance level 94.65; the width of the pattern 12 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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