signal strength 2 of 5

The technical pattern called Head and Shoulders has appeared on the chart of EURJPY M15. There are weighty reasons to suggest that the price will surpass the Neckline 165.03/165.08 after the right shoulder has been formed. So, the trend is set to change with the price heading for 164.85.
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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- #AMZN
- #Bitcoin
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- #NTDOY
- #PEP
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- #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
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According to the chart of H1, AUDJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
Open chart in a new windowAccording to the chart of M30, AUDJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
Open chart in a new windowAccording to the chart of M5, NZDJPY formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 87.50, the lower border is 87.41. The signal means
The M5 and M15 time frames may have more false entry points.
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