signal strength 1 of 5
On the chart of the #AMZN M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 192.76, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 152 points.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
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- #INTC
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- #PEP
- #TSLA
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- AUDCAD
- AUDCHF
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- AUDUSD
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- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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- M5
- M15
- M30
- H1
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The Double Bottom pattern has been formed on #Bitcoin M5. Characteristics: the support level 103250.25; the resistance level 103385.09; the width of the pattern 13484 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the GOLD M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 4, support level -193
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, #AMZN produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 201.64 while the median line of the Neck
The M5 and M15 time frames may have more false entry points.
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