Inverse Head and Shoulder
was formed on 16.06 at 07:00:11 (UTC+0)
signal strength 1 of 5

According to the chart of M5, GBPUSD produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 1.3534 while the median line of the Neck is set at 1.3548/1.3546. 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 GBPUSD will go towards 1.3561.
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
- All
- All
- Buy
- Sale
- All
- 1
- 2
- 3
- 4
- 5
Bearish pennant
was formed on 14.07 at 18:32:14 (UTC+0)
signal strength 3 of 5
The Bearish pennant pattern has formed on the #NTDOY M30 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
Open chart in a new window
Bearish pennant
was formed on 14.07 at 17:15:37 (UTC+0)
signal strength 2 of 5
The Bearish pennant pattern has formed on the #NTDOY M15 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 21.00 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
Bearish pennant
was formed on 14.07 at 17:15:23 (UTC+0)
signal strength 2 of 5
The Bearish pennant pattern has formed on the #NTDOY M15 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 21.00 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
Open chart in a new window