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Modèles réels
Head and Shoulders
According to the chart of M30, EURUSD formed the Head and Shoulders pattern. The Head’s top is set at 1.1494 while the median line of the Neck is found at 1.1404/1.1410. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of EURUSD will go towards 1.1380.
Triple Bottom
The Triple Bottom pattern has been formed on EURUSD M5. It has the following characteristics: resistance level 1.1448/1.1442; support level 1.1431/1.1431; the width is 17 points. In the event of a breakdown of the resistance level of 1.1448, the price is likely to continue an upward movement at least to 1.1447.
Double Bottom
The Double Bottom pattern has been formed on EURUSD M5. Characteristics: the support level 1.1431; the resistance level 1.1448; the width of the pattern 17 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 16 points.
Head and Shoulders
According to the chart of M15, EURUSD formed the Head and Shoulders pattern. The Head’s top is set at 1.1494 while the median line of the Neck is found at 1.1413/1.1431. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of EURUSD will go towards 1.1408.
Bullish Rectangle
According to the chart of M15, EURUSD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 1.1434, the lower border is 1.1409. The signal means that a long position should be opened above the upper border 1.1434 of the Bullish Rectangle.