signal strength 1 of 5
The #MSFT M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 494.52, the Neckline and the upward angle are at 489.53/490.14. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of #MSFT will go towards 489.99.
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
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- Triple top
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The Bearish Flag pattern has been formed on the chart GBPAUD M5 which signals that the downward trend will continue. If the price breaks below the low at 2.0801, then
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the GBPAUD M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 2.0801 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, AUDCAD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.8974 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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