signal strength 1 of 5

On the chart of the #MA 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 561.25, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 502 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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- AUDCAD
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The Bearish pennant pattern has formed on the EURCAD M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 1.5727; the projection
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 SILVER M30. Characteristics: the support level 36.20; the resistance level 36.38; the width of the pattern 190 points. If the resistance level
Open chart in a new windowThe Double Top reversal pattern has been formed on USDJPY M15. Characteristics: the upper boundary 145.78; the lower boundary 145.36; the width of the pattern is 41 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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