signal strength 1 of 5
According to the chart of M5, EURCAD formed the Head and Shoulders pattern. The Head’s top is set at 1.5811 while the median line of the Neck is found at 1.5747/1.5755. 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 EURCAD will go towards 1.5740.
The M5 and M15 time frames may have more false entry points.
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- #AAPL
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According to the chart of M5, GBPJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 195.33 and 194.79 are the coordinates
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURGBP formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.8380
The M5 and M15 time frames may have more false entry points.
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According to M5, #MCD is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 313.30/313.20 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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