signal strength 2 of 5
According to the chart of M15, USDCHF formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.8576 while the median line of the Neck is found at 0.8476/0.8542. 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 USDCHF will go towards 0.8598
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
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- USDJPY
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The Double Bottom pattern has been formed on AUDCHF M5. Characteristics: the support level 0.5281; the resistance level 0.5302; the width of the pattern 21 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURJPY M15. Characteristics: the support level 163.08; the resistance level 163.37; the width of the pattern 29 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of EURCHF H1. Features of the pattern: The lower line of the pattern has coordinates 0.9371 with the upper limit 0.9371/0.9363
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