signal strength 1 of 5
According to the chart of M5, AUDCAD produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 0.8931 while the median line of the Neck is set at 0.8945/0.8943. The formation of the Inverse Head and Shoulder Pattern clearly indicates a reversal of the downward trend. In means that in case the scenario comes true, the price of AUDCAD will go towards 0.8958.
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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- #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
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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- M5
- M15
- M30
- H1
- D1
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- Buy
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The Bullish pennant signal – Trading instrument #KO M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 71.78, with the prospect
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, GOLD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant signal – Trading instrument #EBAY M30, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 74.23, with the prospect
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