signal strength 1 of 5
On the chart of the USDJPY 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 142.69, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 59 points.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Rectangle
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- Triple top
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According to the chart of M5, SILVER formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 33.23, the lower border is 33.14. The signal means
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, USDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.8290/0.8267
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on SILVER M5. Characteristics: the support level 33.14; the resistance level 33.23; the width of the pattern 85 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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