signal strength 1 of 5
According to the chart of M5, AUDCAD produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 0.8985 while the median line of the Neck is set at 0.8996/0.8994. The formation of the Inverse Head and Shoulder Pattern clearly indicates a reversal of the downward trend. In means that in case the scenario comes true, the price of AUDCAD will go towards 0.9009.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
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- 1
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- 5
The Triple Bottom pattern has formed on the chart of GBPAUD M5. Features of the pattern: The lower line of the pattern has coordinates 2.0938 with the upper limit 2.0938/2.0931
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the GBPAUD M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 2.0901; the projection
The M5 and M15 time frames may have more false entry points.
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On the chart of #Bitcoin M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 94746.12; the lower boundary 93679.83; the width of the pattern 106629 points
The M5 and M15 time frames may have more false entry points.
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