signal strength 1 of 5
On the chart of the GOLD 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 3355.88, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 826 points.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
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- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
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The Double Bottom pattern has been formed on AUDCHF M30. Characteristics: the support level 0.5214; the resistance level 0.5244; the width of the pattern 30 points. If the resistance level
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According to the chart of M5, USDCAD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.3736/1.3766 and upper border is 1.3799/1.3766. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on USDJPY M5. It has the following characteristics: resistance level 146.54/146.53; support level 146.35/146.25; the width is 19 points. In the event
The M5 and M15 time frames may have more false entry points.
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