signal strength 1 of 5
According to the chart of M5, AUDUSD produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 0.6402 while the median line of the Neck is set at 0.6415/0.6416. The formation of the Inverse Head and Shoulder Pattern clearly indicates a reversal of the downward trend. In means that in case the scenario comes true, the price of AUDUSD will go towards 0.6431.
The M5 and M15 time frames may have more false entry points.
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- #AAPL
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- #FB
- #GOOG
- #INTC
- #KO
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- GBPJPY
- GBPUSD
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The Double Bottom pattern has been formed on GBPJPY M5; the upper boundary is 195.10; the lower boundary is 194.74. The width of the pattern is 35 points. In case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, #MCD produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 307.79 while the median line of the Neck
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, #NTDOY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 20.47/20.60 and upper border is 20.74/20.60. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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