signal strength 2 of 5
According to the chart of M15, EURJPY formed the Head and Shoulders pattern. The Head’s top is set at 162.59 while the median line of the Neck is found at 162.33/162.33. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of EURJPY will go towards 162.10.
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
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- #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
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- M5
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- M30
- H1
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- Buy
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- 1
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According to the chart of M15, EURCHF formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.9356 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #KO M5; the upper boundary is 71.08; the lower boundary is 70.73. The width of the pattern is 33 points. In case
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #AAPL M30; the upper boundary is 198.00; the lower boundary is 195.73. The width of the pattern is 213 points. In case
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