signal strength 1 of 5

The technical pattern called Head and Shoulders has appeared on the chart of USDJPY M5. There are weighty reasons to suggest that the price will surpass the Neckline 145.23/145.22 after the right shoulder has been formed. So, the trend is set to change with the price heading for 145.07.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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According to the chart of M15, GBPUSD formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 1.3405 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on GBPAUD M30; the upper boundary is 2.0891; the lower boundary is 2.0864. The width of the pattern is 26 points. In case
Open chart in a new windowOn the chart of the NZDUSD M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
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