Actual patterns

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Actual patterns

Head and Shoulders

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was formed on 28.03 at 12:14:49 (UTC+0)
signal strength 2 of 5

The technical pattern called Head and Shoulders has appeared on the chart of EURCAD M15. There are weighty reasons to suggest that the price will surpass the Neckline 1.5436/1.5431 after the right shoulder has been formed. So, the trend is set to change with the price heading for 1.5409.

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

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Head and Shoulders