signal strength 1 of 5

The NZDJPY M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 85.95, the Neckline and the upward angle are at 85.69/85.68. 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 NZDJPY will go towards 85.53.
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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According to the chart of M5, NZDUSD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.5900, the lower border is 0.5884. The signal means
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on GBPUSD M5. Characteristics: the upper boundary 1.3237; the lower boundary 1.3231; the width of the pattern is 6 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on #Bitcoin M5; the upper boundary is 84198.05; the lower boundary is 83772.49. The width of the pattern is 43677 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new window