signal strength 1 of 5

The USDCAD M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 1.4295, the Neckline and the upward angle are at 1.4237/1.4245. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of USDCAD will go towards 1.4230.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Bottom pattern has been formed on AUDCHF M5; the upper boundary is 0.5197; the lower boundary is 0.5192. The width of the pattern is 5 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowOn the chart of GBPUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.3409; the lower boundary 1.3401; the width of the pattern 8 points
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, AUDJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 90.17 - 0.00
The M5 and M15 time frames may have more false entry points.
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