signal strength 1 of 5
The NZDJPY M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 85.95, the Neckline and the upward angle are at 85.69/85.68. 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 NZDJPY will go towards 85.53.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURCHF M15. Characteristics: the support level 0.9296; the resistance level 0.9336; the width of the pattern 40 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on EURJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 161.85
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURCHF M5. Characteristics: the support level 0.9296; the resistance level 0.9336; the width of the pattern 40 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
