signal strength 1 of 5
According to the chart of M5, USDCHF formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.8148 while the median line of the Neck is found at 0.8120/0.8140. 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 USDCHF will go towards 0.8163
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- 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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The Double Top reversal pattern has been formed on SILVER M5. Characteristics: the upper boundary 32.56; the lower boundary 32.48; the width of the pattern is 80 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern has been formed on AUDCAD at M5. The lower boundary of the pattern is located at 0.8976/0.8972, while the higher boundary lies at 0.8982/0.8978. The projection
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern has been formed on GBPJPY at M5. The lower boundary of the pattern is located at 193.87/193.77, while the higher boundary lies at 193.95/193.85. The projection
The M5 and M15 time frames may have more false entry points.
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