signal strength 2 of 5
On the chart of the NZDUSD 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 price will try to break through the resistance level 0.5990, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 18 points.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
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The Double Bottom pattern has been formed on USDJPY H1. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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On the chart of AUDJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 94.55; the lower boundary 94.18; the width of the pattern 37 points
The M5 and M15 time frames may have more false entry points.
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On the chart of USDCAD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.3722; the lower boundary 1.3700; the width of the pattern 22 points
The M5 and M15 time frames may have more false entry points.
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