signal strength 1 of 5

According to the chart of M5, EURCAD formed the Head and Shoulders pattern. The Head’s top is set at 1.5714 while the median line of the Neck is found at 1.5698/1.5698. 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 EURCAD will go towards 1.5683.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
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According to the chart of M15, EURGBP formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.8605/0.8610 and upper border is 0.8614/0.8610. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Top pattern has formed on the chart of the AUDCAD M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -2, support level -7
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M15, GBPCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.0846/1.0853 whereas the upper border goes across 1.0860/1.0853
The M5 and M15 time frames may have more false entry points.
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