signal strength 1 of 5

The technical pattern called Head and Shoulders has appeared on the chart of NZDJPY M5. There are weighty reasons to suggest that the price will surpass the Neckline 87.71/87.71 after the right shoulder has been formed. So, the trend is set to change with the price heading for 87.56.
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
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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
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- USDCAD
- USDCHF
- USDJPY
- USDRUB
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According to the chart of M30, GBPAUD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 2.0555/2.0594 whereas the upper border goes across 2.0628/2.0594
Open chart in a new windowThe Bullish Flag pattern has been formed on GBPJPY at H1. The lower boundary of the pattern is located at 198.39/197.95, while the higher boundary lies at 198.89/198.45. The projection
Open chart in a new windowThe Bullish pennant signal – Trading instrument GBPJPY H1, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 198.89, with the prospect
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