signal strength 2 of 5
According to the chart of M15, NZDJPY produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 85.95 while the median line of the Neck is set at 86.24/86.20. The formation of the Inverse Head and Shoulder Pattern clearly indicates a reversal of the downward trend. In means that in case the scenario comes true, the price of NZDJPY will go towards 86.43.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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- Rectangle
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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According to the chart of M15, EURCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.9287
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDCHF M15; the upper boundary is 0.5206; the lower boundary is 0.5168. The width of the pattern is 35 points. In case
The M5 and M15 time frames may have more false entry points.
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On the chart of AUDCAD M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8721; the lower boundary 0.8643; the width of the pattern 78 points
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