signal strength 4 of 5
The technical pattern called Head and Shoulders has appeared on the chart of AUDUSD H1. There are weighty reasons to suggest that the price will surpass the Neckline 0.6487/0.6486 after the right shoulder has been formed. So, the trend is set to change with the price heading for 0.6446.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Top reversal pattern has been formed on AUDCAD M15. Characteristics: the upper boundary 0.8964; the lower boundary 0.8954; the width of the pattern is 9 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, AUDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5275/0.5258
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the AUDCAD M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
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