signal strength 3 of 5
According to the chart of M30, NZDCAD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.8184 while the median line of the Neck is found at 0.8151/0.8174. 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 NZDCAD will go towards 0.8214
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
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- #AAPL
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- GBPAUD
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The #Bitcoin M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 107912.77, the Neckline and the upward angle are at 107491.49/107422.45. The formation
The M5 and M15 time frames may have more false entry points.
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According to M15, #INTC is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 20.54/20.43 is broken out, the instrument is likely to move toward
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern has been formed on the chart #AMZN M5 which signals that the upward trend will continue. Signals: а break of the peak at 213.88 may push
The M5 and M15 time frames may have more false entry points.
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