signal strength 1 of 5
According to the chart of M5, GBPCHF formed the Head and Shoulders pattern. The Head’s top is set at 1.1015 while the median line of the Neck is found at 1.0998/1.0998. 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 GBPCHF will go towards 1.0983.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
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- Triple top
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- GBPUSD
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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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