signal strength 1 of 5
On the chart of the SILVER 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 33.95, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 85 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 Double Bottom pattern has been formed on USDJPY M15; the upper boundary is 141.96; the lower boundary is 141.59. The width of the pattern is 41 points. In case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, NZDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 85.15 and 84.50 are the coordinates
The M5 and M15 time frames may have more false entry points.
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On the chart of EURGBP M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8577; the lower boundary 0.8563; the width of the pattern 14 points
The M5 and M15 time frames may have more false entry points.
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