signal strength 1 of 5

The technical pattern called Head and Shoulders has appeared on the chart of #MA M5. There are weighty reasons to suggest that the price will surpass the Neckline 531.61/531.48 after the right shoulder has been formed. So, the trend is set to change with the price heading for 531.33.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Bullish Flag pattern has been formed on AUDJPY at M5. The lower boundary of the pattern is located at 92.38/92.32, while the higher boundary lies at 92.44/92.38. The projection
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bullish pennant pattern is formed on the AUDJPY M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Top pattern has formed on the chart of the NZDCHF M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
Open chart in a new window