Inverse Head and Shoulder
was formed on 17.04 at 17:44:51 (UTC+0)
signal strength 1 of 5

According to the chart of M5, USDJPY produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 141.92 while the median line of the Neck is set at 142.37/142.32. 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 USDJPY will go towards 142.47.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- All
- Bearish Rectangle
- Bearish Symmetrical Triangle
- Bearish Symmetrical Triangle
- Bullish Rectangle
- Double Top
- Double Top
- Triple Bottom
- Triple Bottom
- Triple Top
- Triple Top
- All
- All
- Buy
- Sale
- All
- 1
- 2
- 3
- 4
- 5
Double Bottom
was formed on 06.08 at 00:00:17 (UTC+0)
signal strength 1 of 5
The Double Bottom pattern has been formed on GBPCHF M5. Characteristics: the support level 1.0725; the resistance level 1.0736; the width of the pattern 11 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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Bullish Symmetrical Triangle
was formed on 05.08 at 23:10:16 (UTC+0)
signal strength 4 of 5
According to the chart of H1, GBPAUD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 2.0514/2.0550 whereas the upper border goes across 2.0585/2.0550
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Bullish Symmetrical Triangle
was formed on 05.08 at 23:06:17 (UTC+0)
signal strength 2 of 5
According to the chart of M15, GBPAUD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 2.0585 and 2.0515 are the coordinates
The M5 and M15 time frames may have more false entry points.
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