signal strength 2 of 5
On the chart of the NZDUSD M15 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 0.5990, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 18 points.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
- All
- 1
- 2
- 3
- 4
- 5
According to the chart of M5, #TSLA formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 396.20 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on GBPCHF M30. Characteristics: the support level 1.0444; the resistance level 1.0482; the width of the pattern 38 points. If the resistance level
Open chart in a new windowThe 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.
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