signal strength 1 of 5

The Double Top pattern has been formed on GOLD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 3099.42 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPCHF M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
Open chart in a new windowThe Double Top reversal pattern has been formed on GOLD M5. Characteristics: the upper boundary 3243.80; the lower boundary 3219.16; the width of the pattern is 2574 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on GOLD M15. Characteristics: the upper boundary 3243.80; the lower boundary 3219.16; the width of the pattern is 2574 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new window