signal strength 1 of 5

On the chart of the AUDJPY 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 94.64, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 13 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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- #PEP
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- AUDCAD
- AUDCHF
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- AUDUSD
- EURCAD
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- EURUSD
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- GBPJPY
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- NZDUSD
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- USDJPY
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According to the chart of M5, NZDUSD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.5976, the lower border is 0.5969. The signal means
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bullish pennant signal – Trading instrument #PEP M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 148.79, with the prospect
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bullish Flag pattern which signals continuation of a trend has been formed on the chart GBPCHF M15. Forecast: if the price breaks above the pattern high at 1.0925, then
The M5 and M15 time frames may have more false entry points.
Open chart in a new window