Inverse Head and Shoulder
was formed on 27.03 at 03:05:48 (UTC+0)
signal strength 1 of 5

According to the chart of M5, NZDUSD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.5723 while the median line of the Neck is found at 0.5705/0.5719. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of NZDUSD will go towards 0.5738
The M5 and M15 time frames may have more false entry points.
See Also
- All
- All
- Bearish Rectangle
- Bearish Symmetrical Triangle
- Bearish Symmetrical Triangle
- Bullish Rectangle
- Double Top
- Double Top
- Triple Bottom
- Triple Bottom
- Triple Top
- Triple Top
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- All
- Buy
- Sale
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Double Top
was formed on 06.06 at 02:15:19 (UTC+0)
signal strength 1 of 5
The Double Top reversal pattern has been formed on EURCAD M5. Characteristics: the upper boundary 1.5658; the lower boundary 1.5651; the width of the pattern is 6 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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Double Bottom
was formed on 06.06 at 00:25:20 (UTC+0)
signal strength 1 of 5
The Double Bottom pattern has been formed on GBPJPY M5. Characteristics: the support level 194.68; the resistance level 194.84; the width of the pattern 16 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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Double Bottom
was formed on 06.06 at 00:20:24 (UTC+0)
signal strength 1 of 5
The Double Bottom pattern has been formed on NZDJPY M5; the upper boundary is 86.73; the lower boundary is 86.53. The width of the pattern is 20 points. In case
The M5 and M15 time frames may have more false entry points.
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