signal strength 1 of 5
The technical pattern called Head and Shoulders has appeared on the chart of AUDJPY M5. There are weighty reasons to suggest that the price will surpass the Neckline 93.12/93.13 after the right shoulder has been formed. So, the trend is set to change with the price heading for 92.98.
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
- #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
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
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- USDCAD
- USDCHF
- USDJPY
- USDRUB
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According to the chart of H1, GBPAUD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 2.0481
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According to the chart of M5, GBPUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.3433/1.3439 and upper border is 1.3447/1.3439. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPJPY M5; the upper boundary is 199.09; the lower boundary is 198.85. The width of the pattern is 24 points. In case
The M5 and M15 time frames may have more false entry points.
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