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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The Double Bottom pattern has been formed on #AAPL 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 Triple Bottom pattern has formed on the chart of the #EBAY M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #AAPL M5. 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.
Open chart in a new window
