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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The AUDUSD M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.6689, the Neckline and the upward angle are at 0.6681/0.6682. The formation
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 87.65 - 0.00
The M5 and M15 time frames may have more false entry points.
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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 -97, support level -48
The M5 and M15 time frames may have more false entry points.
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