signal strength 1 of 5
According to the chart of M5, #MCD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 290.72/297.52 and upper border is 306.36/297.52. The pattern width is measured on the chart at -1564 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and #MCD breaches the lower border, the price could continue its move toward 297.37.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
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- Rectangle
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- #AAPL
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- AUDCAD
- AUDCHF
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- AUDUSD
- EURCAD
- EURCHF
- EURGBP
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- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
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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 3326.83
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDCHF M15; the upper boundary is 0.8224; the lower boundary is 0.8215. The width of the pattern is 9 points. In 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 NZDUSD M15. Characteristics: the support level 0.5955; the resistance level 0.5969; the width of the pattern 14 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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