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.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
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- Triple top
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- #AAPL
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- AUDCAD
- AUDCHF
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- EURCAD
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The Double Top reversal pattern has been formed on GBPJPY M15. Characteristics: the upper boundary 199.95; the lower boundary 199.78; the width of the pattern is 16 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GBPJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 199.78
The M5 and M15 time frames may have more false entry points.
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According to M15, AUDCHF is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 0.5268/0.5268 is broken out, the instrument is likely to move toward
The M5 and M15 time frames may have more false entry points.
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