signal strength 2 of 5
The GBPUSD M15 formed the Head and Shoulders pattern with the following features: The Head’s top is at 1.2970, the Neckline and the upward angle are at 1.2954/1.2955. 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 GBPUSD will go towards 1.2932.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- 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
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
- All
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- 5
The Double Top pattern has been formed on #Bitcoin M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 85200.45
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, #Bitcoin formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 85457.12 and support 85308.07
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 #Bitcoin M5. Characteristics: the upper boundary 85455.73; the lower boundary 85324.27; the width of the pattern is 13285 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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