signal strength 4 of 5

According to the chart of H1, AUDUSD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.6315 while the median line of the Neck is found at 0.6220/0.6291. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of AUDUSD will go towards 0.6355
See Also
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- Double Top
- Flag
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- Triple top
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The Triple Bottom pattern has been formed on #PEP M5. It has the following characteristics: resistance level 135.84/135.58; support level 135.25/135.33; the width is 59 points. In the event
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has been formed on #PEP M5. It has the following characteristics: resistance level 135.84/135.58; support level 135.25/135.33; the width is 59 points. In the event
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 GBPCHF M15. Characteristics: the upper boundary 1.0862; the lower boundary 1.0842; the width of the pattern is 21 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new window