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was formed on 01.07 at 00:16:14 (UTC+0)
signal strength 2 of 5
Head and Shoulders EURJPY M15

The EURJPY M15 formed the Head and Shoulders pattern with the following features: The Head’s top is at 169.83, the Neckline and the upward angle are at 169.55/169.55. 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 EURJPY will go towards 169.32.

The M5 and M15 time frames may have more false entry points.

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Instrument
Timeframe
Trend
Signal Strength
 
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