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.
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- AUDCAD
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The Double Top reversal pattern has been formed on EURCAD M5. Characteristics: the upper boundary 1.5650; the lower boundary 1.5644; the width of the pattern is 7 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, NZDUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.6026/0.6043 whereas the upper border goes across 0.6061/0.6043
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, AUDUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.6535/0.6520
The M5 and M15 time frames may have more false entry points.
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