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
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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- M5
- M15
- M30
- H1
- D1
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The Triple Bottom pattern has been formed on GOLD M5. It has the following characteristics: resistance level 3372.86/3370.25; support level 3364.73/3364.26; the width is 813 points. In the event
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, #GOOG formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 170.41, the lower border is 169.00. The signal means
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, #TSLA formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 317.55 is breached. Here
The M5 and M15 time frames may have more false entry points.
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