signal strength 4 of 5
According to the chart of H1, NZDCAD produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 0.8151 while the median line of the Neck is set at 0.8199/0.8203. The formation of the Inverse Head and Shoulder Pattern clearly indicates a reversal of the downward trend. In means that in case the scenario comes true, the price of NZDCAD will go towards 0.8243.
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
- 1
- 2
- 3
- 4
- 5
The Double Bottom pattern has been formed on #Bitcoin M5. Characteristics: the support level 105551.21; the resistance level 105745.22; the width of the pattern 19401 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
On the chart of AUDCAD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8899; the lower boundary 0.8888; the width of the pattern 11 points
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
The Double Bottom pattern has been formed on GBPCHF M15. Characteristics: the support level 1.1112; the resistance level 1.1122; the width of the pattern 10 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
