signal strength 4 of 5

The AUDJPY H1 formed the Head and Shoulders pattern with the following features: The Head’s top is at 94.49, the Neckline and the upward angle are at 94.01/94.04. 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 AUDJPY will go towards 93.64.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
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- #PEP
- #TSLA
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- AUDCAD
- AUDCHF
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- GBPAUD
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- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
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- NZDUSD
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The Double Bottom pattern has been formed on NZDJPY M5. Characteristics: the support level 88.49; the resistance level 88.56; the width of the pattern 7 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, #PEP produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 143.96 while the median line of the Neck
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on GBPJPY D1. Characteristics: the upper boundary 199.80; the lower boundary 198.07; the width of the pattern is 187 points. Sell trades
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