signal strength 1 of 5
According to the chart of M5, GBPCHF formed the Head and Shoulders pattern. The Head’s top is set at 1.1418 while the median line of the Neck is found at 1.1408/1.1408. 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 GBPCHF will go towards 1.1393.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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The Triple Bottom pattern has been formed on NZDCAD M5. It has the following characteristics: resistance level 0.8175/0.8168; support level 0.8162/0.8157; the width is 13 points. In the event
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURNZD M15; the upper boundary is 1.9040; the lower boundary is 1.8979. The width of the pattern is 62 points. In case
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDCAD M5; the upper boundary is 0.8926; the lower boundary is 0.8918. The width of the pattern is 7 points. In case
The M5 and M15 time frames may have more false entry points.
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