signal strength 3 of 5
According to the chart of M30, NZDCAD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.7910 while the median line of the Neck is found at 0.7826/0.7875. 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 NZDCAD will go towards 0.7940
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
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- EURNZD
- EURRUB
- EURUSD
- GBPAUD
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- GBPJPY
- GBPUSD
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- NZDCHF
- NZDJPY
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The Double Bottom pattern has been formed on EURUSD M5. Characteristics: the support level 1.1242; the resistance level 1.1253; the width of the pattern 11 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the #AAPL M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 204.23; the projection
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDCAD M15. Characteristics: the support level 1.3937; the resistance level 1.3950; the width of the pattern 13 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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