signal strength 1 of 5
According to the chart of M5, AUDCAD formed the Head and Shoulders pattern. The Head’s top is set at 0.8678 while the median line of the Neck is found at 0.8595/0.8604. 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 AUDCAD will go towards 0.8589.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- 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
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- M30
- H1
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On the chart of USDCHF M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8475; the lower boundary 0.8409; the width of the pattern 66 points
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The Triple Bottom pattern has been formed on #TSLA M5. It has the following characteristics: resistance level 319.55/317.80; support level 316.79/315.89; the width is 276 points. In the event
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of #TSLA M5. Features of the pattern: The lower line of the pattern has coordinates 319.55 with the upper limit 319.55/317.80
The M5 and M15 time frames may have more false entry points.
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