signal strength 2 of 5
The technical pattern called Head and Shoulders has appeared on the chart of GBPUSD M15. There are weighty reasons to suggest that the price will surpass the Neckline 1.3565/1.3574 after the right shoulder has been formed. So, the trend is set to change with the price heading for 1.3551.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.3212/1.3159
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5250/0.5243
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDUSD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.5859
The M5 and M15 time frames may have more false entry points.
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