signal strength 1 of 5

According to the chart of M5, #MA formed the Inverse Head and Shoulder pattern. The Head’s top is set at 538.15 while the median line of the Neck is found at 527.67/533.96. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of #MA will go towards 538.30
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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According to the chart of M15, NZDJPY produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 87.88 while the median line of the Neck
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. Description: This is the pattern of a trend continuation. 1.0798 and 1.0754 are the coordinates
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, NZDJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 88.15, the lower border is 88.06. The signal means
The M5 and M15 time frames may have more false entry points.
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