signal strength 2 of 5
The EURNZD M15 formed the Head and Shoulders pattern with the following features: The Head’s top is at 1.9232, the Neckline and the upward angle are at 1.9162/1.9173. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of EURNZD will go towards 1.9151.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
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- #FB
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- #KO
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- #PEP
- #TSLA
- #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
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- M5
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- H1
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According to the chart of M5, AUDUSD formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.6415 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, GBPAUD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 2.1000/2.0941
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According to M5, AUDCAD is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 0.8913/0.8912 is broken out, the instrument is likely to move toward
The M5 and M15 time frames may have more false entry points.
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