XAUUSD M15: A downward reversal pattern has been formed

8 months ago By

The XAUUSD chart shows signs of decaying upward momentum.A classic Double Top reversal pattern is being formed on the chart. The breakdown of the neckline at the level of 4073.68 serves as the main signal for confirmation. Next we can consider two possible scenarios for the development of events. The first scenario assumes the price […]

Bitcoin H1: There are signs of weakness in the upward momentum

9 months ago By

The Bitcoin chart shows the signs of weakening upward momentum. The formed patterns indicate a possible slowdown in growth momentum and an increase in the probability of a correction trend.A classic Double Top reversal pattern is being formed on the chart. The breakdown of the neckline at the level of 106410.35 serves as the main […]

EURGBP M30: Positive signals appeared on the chart

9 months ago By

The pressure on EURGBP is easing. This could lead to a reversal in the price movement.A Double Bottom pattern has formed on the chart, indicating a possible upward reversal. An important signal to confirm of this pattern is the breakthrough of the neck line located at the level 0.87065. A breakdown of the neckline endorses […]