signal strength 1 of 5
According to the chart of M5, EURCAD formed the Head and Shoulders pattern. The Head’s top is set at 1.5811 while the median line of the Neck is found at 1.5747/1.5755. 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 EURCAD will go towards 1.5740.
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
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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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On the chart of #Bitcoin M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 103626.65; the lower boundary 103376.20; the width of the pattern 25045 points
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, USDCAD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.3983 and support 1.3965
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on USDCAD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3965
The M5 and M15 time frames may have more false entry points.
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