signal strength 3 of 5
According to the chart of M30, GBPJPY produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 190.30 while the median line of the Neck is set at 191.31/191.24. 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 GBPJPY will go towards 191.54.
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- 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
- M15
- M30
- H1
- D1
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- Buy
- Sale
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The Double Bottom pattern has been formed on NZDUSD M15; the upper boundary is 0.5977; the lower boundary is 0.5961. The width of the pattern is 18 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 AUDUSD M15; the upper boundary is 0.6477; the lower boundary is 0.6462. The width of the pattern is 16 points. In case
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of the SILVER M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
The M5 and M15 time frames may have more false entry points.
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