signal strength 2 of 5
According to the chart of M15, EURCAD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 1.5370 while the median line of the Neck is found at 1.5336/1.5354. 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 EURCAD will go towards 1.5393
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURCHF M5; the upper boundary is 0.9379; the lower boundary is 0.9363. The width of the pattern is 16 points. In case
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on AUDCHF M5. It has the following characteristics: resistance level 0.5157/0.5146; support level 0.5118/0.5113; the width is 39 points. In the event
The M5 and M15 time frames may have more false entry points.
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On the chart of USDJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 148.13; the lower boundary 147.71; the width of the pattern 42 points
The M5 and M15 time frames may have more false entry points.
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