signal strength 2 of 5
According to the chart of M15, EURCAD produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 1.5581 while the median line of the Neck is set at 1.5628/1.5621. 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 EURCAD will go towards 1.5644.
The M5 and M15 time frames may have more false entry points.
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According to the chart of H1, EURUSD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
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On the chart of EURUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.1731; the lower boundary 1.1688; the width of the pattern 43 points
The M5 and M15 time frames may have more false entry points.
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On the chart of AUDUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.6538; the lower boundary 0.6508; the width of the pattern 30 points
The M5 and M15 time frames may have more false entry points.
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