signal strength 3 of 5
The AUDUSD M30 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.6315, the Neckline and the upward angle are at 0.6292/0.6293. 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 AUDUSD will go towards 0.6263.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCHF
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The Triple Top pattern has formed on the chart of the SILVER M30. Features of the pattern: borders have an ascending angle; the lower line of the pattern
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According to the chart of M5, GBPAUD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 2.0894 and support 2.0853
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDUSD M5; the upper boundary is 0.6313; the lower boundary is 0.6305. The width of the pattern is 7 points. In case
The M5 and M15 time frames may have more false entry points.
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