signal strength 1 of 5

The technical pattern called Head and Shoulders has appeared on the chart of #MA M5. There are weighty reasons to suggest that the price will surpass the Neckline 531.61/531.48 after the right shoulder has been formed. So, the trend is set to change with the price heading for 531.33.
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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- #AAPL
- #AMZN
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- #MA
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- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
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The Bullish pennant graphic pattern has formed on the EURCAD M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
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 NZDJPY M5; the upper boundary is 85.50; the lower boundary is 85.36. The width of the pattern is 13 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bearish pennant pattern has formed on the GBPJPY M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 192.76 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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