signal strength 3 of 5
The AUDUSD M30 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.6315, the Neckline and the upward angle are at 0.6292/0.6293. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of AUDUSD will go towards 0.6263.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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- M5
- M15
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The technical pattern called Head and Shoulders has appeared on the chart of GOLD M5. There are weighty reasons to suggest that the price will surpass the Neckline 3310.89/3311.42 after
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on NZDUSD H1. Characteristics: the upper boundary 0.5988; the lower boundary 0.5957; the width of the pattern is 34 points. Sell trades
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The Triple Bottom pattern has been formed on USDCHF M5. It has the following characteristics: resistance level 0.8235/0.8232; support level 0.8223/0.8219; the width is 12 points. In the event
The M5 and M15 time frames may have more false entry points.
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