Inverse Head and Shoulder
was formed on 11.06 at 05:40:20 (UTC+0)
signal strength 1 of 5

According to the chart of M5, EURCAD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 1.5622 while the median line of the Neck is found at 1.5605/1.5614. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of EURCAD will go towards 1.5637
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 21.08 at 07:45:20 (UTC+0)
signal strength 2 of 5
The Double Bottom pattern has been formed on AUDJPY 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.
Open chart in a new window
Double Bottom
was formed on 21.08 at 07:25:09 (UTC+0)
signal strength 1 of 5
The Double Bottom pattern has been formed on GBPUSD M5. Characteristics: the support level 1.3447; the resistance level 1.3454; the width of the pattern 7 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
Double Bottom
was formed on 21.08 at 07:20:07 (UTC+0)
signal strength 1 of 5
The Double Bottom pattern has been formed on AUDJPY M5; the upper boundary is 94.63; the lower boundary is 94.52. The width of the pattern is 11 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new window