signal strength 1 of 5
The NZDCHF M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.5083, the Neckline and the upward angle are at 0.5074/0.5075. 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 NZDCHF will go towards 0.5060.
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
- All
- M5
- M15
- M30
- H1
- D1
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- Buy
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According to the chart of M5, AUDCHF formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.5549 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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The Bearish Flag pattern has been formed on the chart NZDCHF M5. Therefore, the downwards trend is likely to continue in the nearest term. As soon as the price breaks
The M5 and M15 time frames may have more false entry points.
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On the chart of the SILVER M15 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.
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