signal strength 1 of 5
The technical pattern called Head and Shoulders has appeared on the chart of EURCHF M5. There are weighty reasons to suggest that the price will surpass the Neckline 0.9325/0.9326 after the right shoulder has been formed. So, the trend is set to change with the price heading for 0.9311.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Bottom pattern has been formed on EURCAD M15; the upper boundary is 1.5686; the lower boundary is 1.5674. The width of the pattern is 11 points. In case
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURCAD M5; the upper boundary is 1.5686; the lower boundary is 1.5676. The width of the pattern is 11 points. In case
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the NZDCHF M30. Features of the pattern: borders have an ascending angle; the lower line of the pattern
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