signal strength 2 of 5
According to the chart of M15, GBPCHF formed the Head and Shoulders pattern. The Head’s top is set at 1.1155 while the median line of the Neck is found at 1.1109/1.1115. 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 GBPCHF will go towards 1.1092.
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
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- #AAPL
- #AMZN
- #Bitcoin
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- 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
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- M5
- M15
- M30
- H1
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The Triple Bottom pattern has been formed on #Bitcoin M5. It has the following characteristics: resistance level 109821.12/109636.18; support level 109521.27/109502.23; the width is 29985 points. In the event
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 195.59 - 0.00
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 165.55 - 0.00
The M5 and M15 time frames may have more false entry points.
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