Inverse Head and Shoulder
was formed on 17.05 at 05:40:01 (UTC+0)
signal strength 1 of 5

According to the chart of M5, #Bitcoin produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 102549.85 while the median line of the Neck is set at 103359.60/103319.80. 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 #Bitcoin will go towards 103320.00.
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
Bearish Symmetrical Triangle
was formed on 26.06 at 09:20:33 (UTC+0)
signal strength 4 of 5
According to the chart of H1, GBPCHF formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.0936/1.0993 and upper border is 1.1046/1.0993. The pattern width is measured
Open chart in a new window
Double Top
was formed on 26.06 at 09:00:06 (UTC+0)
signal strength 3 of 5
On the chart of GBPAUD M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 2.1010; the lower boundary 2.0974; the width of the pattern 36 points
Open chart in a new window
Double Top
was formed on 26.06 at 09:00:06 (UTC+0)
signal strength 4 of 5
The Double Top pattern has been formed on GBPJPY H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 197.98
Open chart in a new window