signal strength 1 of 5
The GBPAUD M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 2.0878, the Neckline and the upward angle are at 2.0820/2.0825. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of GBPAUD will go towards 2.0810.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Top reversal pattern has been formed on AUDCAD M5. Characteristics: the upper boundary 0.9088; the lower boundary 0.9081; the width of the pattern is 7 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The technical pattern called Head and Shoulders has appeared on the chart of NZDJPY M5. There are weighty reasons to suggest that the price will surpass the Neckline 87.80/87.79 after
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.5208 and 0.5195 are the coordinates
The M5 and M15 time frames may have more false entry points.
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