signal strength 1 of 5
On the chart of the NZDUSD 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 0.5542, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 16 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
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- GBPUSD
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The Double Bottom pattern has been formed on EURUSD M5. Characteristics: the support level 1.1343; the resistance level 1.1367; the width of the pattern 24 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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On the chart of #Bitcoin M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 105260.12; the lower boundary 104281.85; the width of the pattern 97827 points
The M5 and M15 time frames may have more false entry points.
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On the chart of the #Bitcoin M15 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
