signal strength 1 of 5
The technical pattern called Head and Shoulders has appeared on the chart of AUDCHF M5. There are weighty reasons to suggest that the price will surpass the Neckline 0.5562/0.5566 after the right shoulder has been formed. So, the trend is set to change with the price heading for 0.5551.
The M5 and M15 time frames may have more false entry points.
See Also
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- Flag
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- Pennant
- Rectangle
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- Triple top
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According to the chart of M5, USDJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 150.63, the lower border is 150.44. The signal means
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on GBPJPY M15. Characteristics: the upper boundary 194.76; the lower boundary 194.51; the width of the pattern is 24 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on USDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 150.46
The M5 and M15 time frames may have more false entry points.
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