signal strength 2 of 5

The technical pattern called Head and Shoulders has appeared on the chart of GBPJPY M15. There are weighty reasons to suggest that the price will surpass the Neckline 198.24/198.27 after the right shoulder has been formed. So, the trend is set to change with the price heading for 198.04.
The M5 and M15 time frames may have more false entry points.
یہ بھی دیکھیں
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According to the chart of H1, GBPJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 198.43 - 0.00
Open chart in a new windowThe Double Top reversal pattern has been formed on GBPCHF M30. Characteristics: the upper boundary 1.0764; the lower boundary 1.0747; the width of the pattern is 16 points. Sell trades
Open chart in a new windowOn the chart of NZDCAD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8204; the lower boundary 0.8193; the width of the pattern 11 points
The M5 and M15 time frames may have more false entry points.
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