signal strength 1 of 5
The technical pattern called Head and Shoulders has appeared on the chart of EURNZD M5. There are weighty reasons to suggest that the price will surpass the Neckline 1.8901/1.8903 after the right shoulder has been formed. So, the trend is set to change with the price heading for 1.8888.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
- All
- 1
- 2
- 3
- 4
- 5
According to the chart of M5, NZDUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.5712 and support 0.5701
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
On the chart of NZDCAD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8172; the lower boundary 0.8163; the width of the pattern 9 points
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
The Triple Top pattern has formed on the chart of the EURCAD M15 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 1, support level -17
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
