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 1.1015 while the median line of the Neck is found at 1.0998/1.0998. 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 1.0983.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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- AUDCAD
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- GBPAUD
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The Double Bottom pattern has been formed on #Bitcoin M5. Characteristics: the support level 103472.45; the resistance level 103745.49; the width of the pattern 27304 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on GBPJPY M15. Characteristics: the upper boundary 193.77; the lower boundary 193.55; the width of the pattern is 22 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M30, AUDCAD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.8920/0.8945 and upper border is 0.8975/0.8945. The pattern width is measured
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