signal strength 1 of 5
According to the chart of M5, GBPJPY produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 190.30 while the median line of the Neck is set at 190.62/190.61. 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 GBPJPY will go towards 190.76.
The M5 and M15 time frames may have more false entry points.
- 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
According to the chart of M5, EURJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 166.92/167.24 whereas the upper border goes across 167.58/167.24
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
The Double Bottom pattern has been formed on GBPCHF M30. Characteristics: the support level 1.1001; the resistance level 1.1059; the width of the pattern 58 points. If the resistance level
Open chart in a new window
The Bearish pennant pattern has formed on the #Bitcoin M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
