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Head and Shoulders
was formed on 13.06 at 20:20:21 (UTC+0)
signal strength 1 of 5

Head and Shoulders AUDUSD M5

The technical pattern called Head and Shoulders has appeared on the chart of AUDUSD M5. There are weighty reasons to suggest that the price will surpass the Neckline 0.6497/0.6497 after the right shoulder has been formed. So, the trend is set to change with the price heading for 0.6482.

The M5 and M15 time frames may have more false entry points.

Figure
  • All
Instrument
  • All
  • Bearish Rectangle
  • Bearish Symmetrical Triangle
  • Bearish Symmetrical Triangle
  • Bullish Rectangle
  • Double Top
  • Double Top
  • Triple Bottom
  • Triple Bottom
  • Triple Top
  • Triple Top
Timeframe
  • All
Trend
  • All
  • Buy
  • Sale
Signal Strength
  • All
  • 1
  • 2
  • 3
  • 4
  • 5

Double Bottom
was formed on 15.08 at 13:00:19 (UTC+0)
signal strength 3 of 5

Double Bottom AUDCHF M30

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

Bullish Rectangle GBPAUD H1

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

Bullish Rectangle GBPAUD M30

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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