signal strength 1 of 5
According to the chart of M5, EURCHF produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 0.9511 while the median line of the Neck is set at 0.9529/0.9527. The formation of the Inverse Head and Shoulder Pattern clearly indicates a reversal of the downward trend. In means that in case the scenario comes true, the price of EURCHF will go towards 0.9542.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, GBPAUD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 2.0784/2.0802 and upper border is 2.0822/2.0802. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPAUD M30. Characteristics: the support level 2.0784; the resistance level 2.0839; the width of the pattern 55 points. If the resistance level
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On the chart of AUDJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 91.48; the lower boundary 91.39; the width of the pattern 9 points
The M5 and M15 time frames may have more false entry points.
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