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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- AUDUSD
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According to the chart of M5, GBPCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.1059 and 1.1030 are the coordinates
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on NZDJPY M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 87.57
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The Double Top pattern has been formed on NZDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 87.57
The M5 and M15 time frames may have more false entry points.
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