signal strength 1 of 5
According to the chart of M5, USDCHF formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.8436 while the median line of the Neck is found at 0.8358/0.8401. 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 USDCHF will go towards 0.8451
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, USDCAD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 1.3834, the lower border is 1.3816. The signal means
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, USDCAD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.3816
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 EURUSD M5. Characteristics: the upper boundary 1.1291; the lower boundary 1.1281; the width of the pattern is 9 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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