signal strength 2 of 5
On the chart of the EURCAD 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 1.5688, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 21 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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- 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
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
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- 1
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- 5
According to the chart of M5, AUDJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 94.21 - 0.00
The M5 and M15 time frames may have more false entry points.
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On the chart of AUDCAD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8949; the lower boundary 0.8925; the width of the pattern 24 points
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, EURGBP formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 0.8554, the lower border is 0.8538. The signal means
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