signal strength 2 of 5
According to the chart of M15, GBPUSD formed the Head and Shoulders pattern. The Head’s top is set at 1.3590 while the median line of the Neck is found at 1.3569/1.3569. 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 GBPUSD will go towards 1.3547.
The M5 and M15 time frames may have more false entry points.
Juga lihat
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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 GBPJPY H1. Characteristics: the upper boundary 207.31; the lower boundary 206.85; the width of the pattern is 48 points. Sell trades
Open chart in a new windowAccording to the chart of H1, NZDCAD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
Open chart in a new windowAccording to the chart of M5, GBPUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.3352/1.3335
The M5 and M15 time frames may have more false entry points.
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