signal strength 1 of 5
According to the chart of M5, SILVER formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 34.35/34.45 whereas the upper border goes across 34.55/34.45. 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 SILVER will breach the upper border to head for 34.46.
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GBPUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3079
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowOn the chart of GBPJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 201.17; the lower boundary 200.75; the width of the pattern 42 points
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M30, GBPJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 201.21, the lower border is 200.75. The signal means
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