signal strength 1 of 5
The technical pattern called Head and Shoulders has appeared on the chart of AUDJPY M5. There are weighty reasons to suggest that the price will surpass the Neckline 94.62/94.62 after the right shoulder has been formed. So, the trend is set to change with the price heading for 94.47.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
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- #NTDOY
- #PEP
- #TSLA
- #TWTR
- 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
- All
- M5
- M15
- M30
- H1
- D1
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- Buy
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The Double Bottom pattern has been formed on EURUSD M5. Characteristics: the support level 1.1202; the resistance level 1.1223; 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 GBPUSD M5. Characteristics: the support level 1.3286; the resistance level 1.3306; the width of the pattern 20 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 the GOLD M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
The M5 and M15 time frames may have more false entry points.
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