signal strength 3 of 5
According to the chart of M30, EURUSD formed the Head and Shoulders pattern. The Head’s top is set at 1.1494 while the median line of the Neck is found at 1.1404/1.1410. 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 EURUSD will go towards 1.1380.
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According to the chart of M5, GBPUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.3359 and 1.3342 are the coordinates
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on AUDUSD M15. It has the following characteristics: resistance level 0.6537/0.6526; support level 0.6517/0.6511; the width is 20 points. In the event
The M5 and M15 time frames may have more false entry points.
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According to M15, AUDCAD is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 0.8960/0.8956 is broken out, the instrument is likely to move toward
The M5 and M15 time frames may have more false entry points.
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