signal strength 3 of 5
The AUDUSD M30 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.6315, the Neckline and the upward angle are at 0.6292/0.6293. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of AUDUSD will go towards 0.6263.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Bottom pattern has been formed on USDJPY M5. Characteristics: the support level 143.25; the resistance level 143.74; the width of the pattern 49 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of GOLD M15. Features of the pattern: The lower line of the pattern has coordinates 3314.04 with the upper limit 3314.04/3308.41
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on GBPCHF M5. It has the following characteristics: resistance level 1.1051/1.1041; support level 1.1032/1.1029; the width is 19 points. In the event
The M5 and M15 time frames may have more false entry points.
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