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 90.47, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 73 points.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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- #AAPL
- #AMZN
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The Double Top reversal pattern has been formed on AUDCAD M5. Characteristics: the upper boundary 0.9183; the lower boundary 0.9172; the width of the pattern is 11 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, NZDUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.5673 and support 0.5665
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has formed on the chart of #NTDOY M5. Features of the pattern: The lower line of the pattern has coordinates 21.80 with the upper limit 21.80/21.78
The M5 and M15 time frames may have more false entry points.
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