signal strength 2 of 5

According to the chart of M15, NZDJPY formed the Inverse Head and Shoulder pattern. The Head’s top is set at 84.77 while the median line of the Neck is found at 84.36/84.56. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of NZDJPY will go towards 85.00
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
- AUDCHF
- AUDJPY
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- EURCAD
- EURCHF
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The Double Top pattern has been formed on AUDCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8861
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bullish pennant signal – Trading instrument AUDCAD M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 0.8872, with the prospect
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on GBPCHF M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
Open chart in a new window