Head and Shoulders
was formed on 13.06 at 20:10:26 (UTC+0)
signal strength 1 of 5

According to the chart of M5, EURJPY formed the Head and Shoulders pattern. The Head’s top is set at 166.56 while the median line of the Neck is found at 166.22/166.27. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of EURJPY will go towards 166.12.
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
Double Bottom
was formed on 24.07 at 17:35:02 (UTC+0)
signal strength 1 of 5
The Double Bottom pattern has been formed on #PEP M5; the upper boundary is 146.45; the lower boundary is 145.09. The width of the pattern is 138 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
Double Bottom
was formed on 24.07 at 17:34:51 (UTC+0)
signal strength 1 of 5
The Double Bottom pattern has been formed on #PEP M5; the upper boundary is 146.45; the lower boundary is 145.09. The width of the pattern is 138 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
Bullish pennant
was formed on 24.07 at 16:41:09 (UTC+0)
signal strength 1 of 5
The Bullish pennant pattern is formed on the #NTDOY M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
Open chart in a new window