signal strength 1 of 5
The technical pattern called Head and Shoulders has appeared on the chart of NZDJPY M5. There are weighty reasons to suggest that the price will surpass the Neckline 85.80/85.81 after the right shoulder has been formed. So, the trend is set to change with the price heading for 85.66.
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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- #AAPL
- #AMZN
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The Triple Top pattern has formed on the chart of the GOLD M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -115, support level -123
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant signal – Trading instrument #PEP M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 131.85, with the prospect
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant pattern is formed on the #PEP M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
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