signal strength 2 of 5

According to the chart of M15, GBPAUD produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 2.0658 while the median line of the Neck is set at 2.0707/2.0710. 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 GBPAUD will go towards 2.0733.
The M5 and M15 time frames may have more false entry points.
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The NZDUSD M15 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.5987, the Neckline and the upward angle are at 0.5965/0.5967. The formation
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M15, GBPUSD formed the Head and Shoulders pattern. The Head’s top is set at 1.3590 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M30, GBPUSD formed the Head and Shoulders pattern. The Head’s top is set at 1.3590 while the median line of the Neck is found
Open chart in a new window