signal strength 2 of 5
According to the chart of M15, AUDUSD formed the Head and Shoulders pattern. The Head’s top is set at 0.6510 while the median line of the Neck is found at 0.6489/0.6491. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of AUDUSD will go towards 0.6468.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #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
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
- All
- 1
- 2
- 3
- 4
- 5
The Double Bottom pattern has been formed on GBPCHF M5; the upper boundary is 1.0739; the lower boundary is 1.0731. The width of the pattern is 8 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
The Triple Top pattern has formed on the chart of the AUDJPY 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
The Triple Bottom pattern has been formed on AUDUSD M30. It has the following characteristics: resistance level 0.6660/0.6624; support level 0.6615/0.6609; the width is 45 points. In the event
Open chart in a new window
