signal strength 1 of 5
According to the chart of M5, EURCAD formed the Head and Shoulders pattern. The Head’s top is set at 1.5811 while the median line of the Neck is found at 1.5747/1.5755. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of EURCAD will go towards 1.5740.
The M5 and M15 time frames may have more false entry points.
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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 Triple Top pattern has formed on the chart of the NZDCHF M30. Features of the pattern: borders have an ascending angle; the lower line of the pattern
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According to the chart of M5, AUDJPY formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 94.12 is breached. Here
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURCAD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.5686 - 0.0000
The M5 and M15 time frames may have more false entry points.
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