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
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- 3
- 4
- 5
Double Bottom
was formed on 15.08 at 13:00:19 (UTC+0)
signal strength 3 of 5
The Double Bottom pattern has been formed on AUDCHF 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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Bullish Rectangle
was formed on 15.08 at 12:13:27 (UTC+0)
signal strength 4 of 5
According to the chart of H1, GBPAUD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 2.0859, the lower border is 2.0802. The signal means
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Bullish Rectangle
was formed on 15.08 at 12:13:12 (UTC+0)
signal strength 3 of 5
According to the chart of M30, GBPAUD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 2.0859 and support 2.0802
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