signal strength 2 of 5
On the chart of the GBPAUD 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 2.0775, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 65 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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- Pennant
- Rectangle
- Triangle
- Triple top
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The Triple Bottom pattern has formed on the chart of AUDUSD M5. Features of the pattern: The lower line of the pattern has coordinates 0.6438 with the upper limit 0.6438/0.6426
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURCAD M15; the upper boundary is 1.5683; the lower boundary is 1.5626. The width of the pattern is 56 points. In case
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDUSD M5. Characteristics: the support level 0.6422; the resistance level 0.6438; the width of the pattern 16 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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