signal strength 2 of 5
The AUDUSD M15 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.6563, the Neckline and the upward angle are at 0.6548/0.6549. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of AUDUSD will go towards 0.6526.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AMZN
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- #PEP
- #TSLA
- #TWTR
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- AUDCHF
- AUDJPY
- AUDUSD
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The Double Bottom pattern has been formed on AUDUSD M5. Characteristics: the support level 0.6464; the resistance level 0.6474; the width of the pattern 10 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on #PEP M15. Characteristics: the upper boundary 143.12; the lower boundary 141.40; the width of the pattern is 179 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has been formed on AUDCAD M5. It has the following characteristics: resistance level 0.9141/0.9140; support level 0.9133/0.9129; the width is 8 points. In the event
The M5 and M15 time frames may have more false entry points.
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