signal strength 1 of 5
According to the chart of M5, EURGBP formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.8354 while the median line of the Neck is found at 0.8350/0.8352. 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 EURGBP will go towards 0.8369
The M5 and M15 time frames may have more false entry points.
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- Double Top
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- #AAPL
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- AUDCAD
- AUDCHF
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- AUDUSD
- EURCAD
- EURCHF
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- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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The Double Bottom pattern has been formed on EURCAD M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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The Double Bottom pattern has been formed on EURCAD H1. Characteristics: the support level 1.5713; the resistance level 1.5756; the width of the pattern 43 points. If the resistance level
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The Double Top reversal pattern has been formed on #Bitcoin M15. Characteristics: the upper boundary 95150.89; the lower boundary 94442.57; the width of the pattern is 74407 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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