Inverse Head and Shoulder
was formed on 17.04 at 17:44:51 (UTC+0)
signal strength 1 of 5

According to the chart of M5, USDJPY produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 141.92 while the median line of the Neck is set at 142.37/142.32. 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 USDJPY will go towards 142.47.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- All
- Bearish Rectangle
- Bearish Symmetrical Triangle
- Bearish Symmetrical Triangle
- Bullish Rectangle
- Double Top
- Double Top
- Triple Bottom
- Triple Bottom
- Triple Top
- Triple Top
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- All
- Buy
- Sale
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Double Top
was formed on 11.06 at 13:30:06 (UTC+0)
signal strength 2 of 5
On the chart of EURCAD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.5659; the lower boundary 1.5641; the width of the pattern 18 points
The M5 and M15 time frames may have more false entry points.
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Bearish Rectangle
was formed on 11.06 at 12:30:39 (UTC+0)
signal strength 2 of 5
According to the chart of M15, NZDUSD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.6019
The M5 and M15 time frames may have more false entry points.
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Double Top
was formed on 11.06 at 12:00:04 (UTC+0)
signal strength 4 of 5
The Double Top pattern has been formed on GOLD H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 3315.04
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