signal strength 4 of 5
The AUDJPY H1 formed the Head and Shoulders pattern with the following features: The Head’s top is at 94.49, the Neckline and the upward angle are at 94.01/94.04. 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 AUDJPY will go towards 93.64.
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 M5, GBPJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 199.49/199.07
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDCAD M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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The Double Bottom pattern has been formed on NZDUSD M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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