signal strength 3 of 5
According to the chart of M30, EURCHF formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.9269 while the median line of the Neck is found at 0.9229/0.9253. 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 EURCHF will go towards 0.9299
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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On the chart of the USDJPY M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 195.20/194.99
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern has been formed on NZDCAD at M15. The lower boundary of the pattern is located at 0.8238/0.8232, while the higher boundary lies at 0.8246/0.8240. The projection
The M5 and M15 time frames may have more false entry points.
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