signal strength 1 of 5

According to the chart of M5, NZDUSD formed the Head and Shoulders pattern. The Head’s top is set at 0.6035 while the median line of the Neck is found at 0.6024/0.6025. 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 NZDUSD will go towards 0.6010.
The M5 and M15 time frames may have more false entry points.
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- Triple top
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The Triple Top pattern has formed on the chart of the #TSLA M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -28, support level -40
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M30, GBPUSD produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 1.3307 while the median line of the Neck
Open chart in a new windowOn the chart of #TSLA M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 323.61; the lower boundary 321.90; the width of the pattern 171 points
The M5 and M15 time frames may have more false entry points.
Open chart in a new window