Actual patterns

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Actual patterns

Head and Shoulders

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was formed on 21.03 at 05:06:39 (UTC+0)
signal strength 1 of 5

The NZDCHF M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.5083, the Neckline and the upward angle are at 0.5074/0.5075. 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 NZDCHF will go towards 0.5060.

The M5 and M15 time frames may have more false entry points.

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Instrument

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Signal Strength

Head and Shoulders