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 33.08, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 75 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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The Double Bottom pattern has been formed on AUDUSD M15; the upper boundary is 0.6386; the lower boundary is 0.6376. The width of the pattern is 11 points. In case
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the GBPAUD M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GBPUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3317
The M5 and M15 time frames may have more false entry points.
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