signal strength 3 of 5

According to the chart of M30, EURCHF formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.9269 while the median line of the Neck is found at 0.9229/0.9253. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of EURCHF will go towards 0.9299
See Also
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- Double Top
- Flag
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- Pennant
- Rectangle
- Triangle
- Triple top
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The Triple Bottom pattern has formed on the chart of the GBPJPY 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.
Open chart in a new windowThe Bullish pennant graphic pattern has formed on the NZDCHF H1 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
Open chart in a new windowOn the chart of the GBPCHF 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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