signal strength 4 of 5
According to the chart of H1, NZDCAD produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 0.8151 while the median line of the Neck is set at 0.8199/0.8203. The formation of the Inverse Head and Shoulder Pattern clearly indicates a reversal of the downward trend. In means that in case the scenario comes true, the price of NZDCAD will go towards 0.8243.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
- All
- 1
- 2
- 3
- 4
- 5
The Double Top reversal pattern has been formed on #Bitcoin M5. Characteristics: the upper boundary 105520.92; the lower boundary 104895.56; the width of the pattern is 60380 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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On the chart of #AMZN M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 206.53; the lower boundary 204.48; the width of the pattern 205 points
The M5 and M15 time frames may have more false entry points.
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On the chart of #AMZN M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 206.53; the lower boundary 205.98; the width of the pattern 55 points
The M5 and M15 time frames may have more false entry points.
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