signal strength 1 of 5

According to the chart of M5, GBPAUD formed the Head and Shoulders pattern. The Head’s top is set at 2.0644 while the median line of the Neck is found at 2.0617/2.0613. 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 GBPAUD will go towards 2.0598.
The M5 and M15 time frames may have more false entry points.
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On the chart of #MA M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 586.60; the lower boundary 582.27; the width of the pattern 433 points
Open chart in a new windowThe Double Bottom pattern has been formed on NZDUSD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowOn the chart of GBPCHF M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.1152; the lower boundary 1.1113; the width of the pattern 39 points
The M5 and M15 time frames may have more false entry points.
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