signal strength 1 of 5

According to the chart of M5, GOLD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 3109.07/3117.44 whereas the upper border goes across 3126.71/3117.44. 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 GOLD will breach the upper border to head for 3117.59.
The M5 and M15 time frames may have more false entry points.
See Also
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According to the chart of M30, EURNZD formed the Head and Shoulders pattern. The Head’s top is set at 1.9482 while the median line of the Neck is found
Open chart in a new windowThe Bullish pennant pattern is formed on the #TSLA M30 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
Open chart in a new windowThe Double Bottom pattern has been formed on AUDCHF M30. Characteristics: the support level 0.5214; the resistance level 0.5244; the width of the pattern 30 points. If the resistance level
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