signal strength 3 of 5
The technical pattern called Head and Shoulders has appeared on the chart of EURJPY M30. There are weighty reasons to suggest that the price will surpass the Neckline 165.03/165.08 after the right shoulder has been formed. So, the trend is set to change with the price heading for 164.78.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
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The Double Top pattern has been formed on AUDCHF M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5277
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The Triple Top pattern has formed on the chart of the NZDUSD M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on AUDCAD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.9175
The M5 and M15 time frames may have more false entry points.
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