signal strength 1 of 5

The EURCAD M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 1.5734, the Neckline and the upward angle are at 1.5652/1.5644. 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 EURCAD will go towards 1.5629.
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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The Double Bottom pattern has been formed on EURCAD M5. Characteristics: the support level 1.5936; the resistance level 1.5947; the width of the pattern 11 points. If the resistance level
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 USDCAD M15. Characteristics: the support level 1.3555; the resistance level 1.3571; the width of the pattern 16 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowOn the chart of the AUDJPY M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
Open chart in a new window