signal strength 1 of 5
According to the chart of M5, NZDUSD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.5723 while the median line of the Neck is found at 0.5705/0.5719. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of NZDUSD will go towards 0.5738
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on GBPJPY M15. Characteristics: the upper boundary 193.77; the lower boundary 193.55; the width of the pattern is 22 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, AUDCAD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.8920/0.8945 and upper border is 0.8975/0.8945. The pattern width is measured
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The Double Top reversal pattern has been formed on #INTC M5. Characteristics: the upper boundary 21.76; the lower boundary 21.69; the width of the pattern is 8 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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