signal strength 3 of 5
According to the chart of M30, EURCHF produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 0.9539 while the median line of the Neck is set at 0.9574/0.9570. The formation of the Inverse Head and Shoulder Pattern clearly indicates a reversal of the downward trend. In means that in case the scenario comes true, the price of EURCHF will go towards 0.9600.
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The Double Bottom pattern has been formed on EURCAD M15. Characteristics: the support level 1.5761; the resistance level 1.5828; the width of the pattern 67 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDCHF formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.4833 and support 0.4824
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, EURNZD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.9161/1.9208 whereas the upper border goes across 1.9252/1.9208
The M5 and M15 time frames may have more false entry points.
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