signal strength 2 of 5
According to the chart of M15, EURGBP formed the Head and Shoulders pattern. The Head’s top is set at 0.8370 while the median line of the Neck is found at 0.8358/0.8357. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of EURGBP will go towards 0.8335.
The M5 and M15 time frames may have more false entry points.
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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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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- M5
- M15
- M30
- H1
- D1
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- Buy
- Sale
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According to the chart of M5, USDJPY formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 142.80
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 GBPUSD M15. Characteristics: the upper boundary 1.3556; the lower boundary 1.3537; the width of the pattern is 17 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 EURUSD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.1412
The M5 and M15 time frames may have more false entry points.
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