signal strength 1 of 5
The USDCAD M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 1.4295, the Neckline and the upward angle are at 1.4237/1.4245. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of USDCAD will go towards 1.4230.
The M5 and M15 time frames may have more false entry points.
See Also
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- Flag
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- Pennant
- Rectangle
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- Triple top
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According to the chart of M5, EURUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.1209/1.1222 and upper border is 1.1235/1.1222. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURUSD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 1.1235, the lower border is 1.1209. The signal means
The M5 and M15 time frames may have more false entry points.
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The AUDCAD M30 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.9039, the Neckline and the upward angle are at 0.9004/0.9004. The formation
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