signal strength 1 of 5

On the chart of the USDCAD 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 1.4244, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 23 points.
The M5 and M15 time frames may have more false entry points.
See Also
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- Rectangle
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- Triple top
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The Double Bottom pattern has been formed on USDJPY M15. Characteristics: the support level 143.81; the resistance level 144.03; the width of the pattern 22 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on USDCHF M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, AUDJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 94.21 - 0.00
The M5 and M15 time frames may have more false entry points.
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