signal strength 2 of 5
The GBPUSD M15 formed the Head and Shoulders pattern with the following features: The Head’s top is at 1.2970, the Neckline and the upward angle are at 1.2954/1.2955. 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 GBPUSD will go towards 1.2932.
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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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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According to M5, NZDCHF is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 0.4561/0.4560 is broken out, the instrument is likely to move toward
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of AUDCHF M5. Features of the pattern: The lower line of the pattern has coordinates 0.5168 with the upper limit 0.5168/0.5158
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of AUDCAD M5. Features of the pattern: The lower line of the pattern has coordinates 0.9080 with the upper limit 0.9080/0.9069
The M5 and M15 time frames may have more false entry points.
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