signal strength 1 of 5
According to the chart of M5, EURCHF produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 0.9511 while the median line of the Neck is set at 0.9529/0.9527. 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 EURCHF will go towards 0.9542.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
- All
- 1
- 2
- 3
- 4
- 5
The Double Bottom pattern has been formed on EURUSD M15. Characteristics: the support level 1.0778; the resistance level 1.0797; the width of the pattern 19 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
According to the chart of M5, NZDCAD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8202 and support 0.8195
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
The Triple Bottom pattern has formed on the chart of GBPAUD M5. Features of the pattern: The lower line of the pattern has coordinates 2.0505 with the upper limit 2.0505/2.0497
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
