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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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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The Double Bottom pattern has been formed on AUDCHF M30. Characteristics: the support level 0.5281; the resistance level 0.5302; the width of the pattern 21 points. If the resistance level
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The Double Bottom pattern has been formed on AUDCAD M15; the upper boundary is 0.8869; the lower boundary is 0.8856. The width of the pattern is 14 points. In case
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 AUDCHF M5. Features of the pattern: The lower line of the pattern has coordinates 0.5302 with the upper limit 0.5302/0.5292
The M5 and M15 time frames may have more false entry points.
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