signal strength 2 of 5
The technical pattern called Head and Shoulders has appeared on the chart of EURCAD M15. There are weighty reasons to suggest that the price will surpass the Neckline 1.5436/1.5431 after the right shoulder has been formed. So, the trend is set to change with the price heading for 1.5409.
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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- #AMZN
- #Bitcoin
- #EBAY
- #FB
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- #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
- All
- 1
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- 5
According to M5, GOLD is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 3399.94/3395.78 is broken out, the instrument is likely to move toward
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern has been formed on SILVER at M15. The lower boundary of the pattern is located at 36.38/36.33, while the higher boundary lies at 36.41/36.37. The projection
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant pattern is formed on the SILVER M15 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
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