signal strength 1 of 5
On the chart of the AUDUSD 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 0.6554, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 9 points.
The M5 and M15 time frames may have more false entry points.
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On the chart of NZDJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 86.36; the lower boundary 86.25; the width of the pattern 11 points
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on AUDUSD M15. Characteristics: the upper boundary 0.6494; the lower boundary 0.6471; the width of the pattern is 23 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on NZDUSD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5823
The M5 and M15 time frames may have more false entry points.
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