signal strength 2 of 5

On the chart of the GBPAUD 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 2.1190, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 281 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 Triple Bottom pattern has formed on the chart of GBPAUD M5. Features of the pattern: The lower line of the pattern has coordinates 2.0390 with the upper limit 2.0390/2.0382
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on AUDJPY M15. Characteristics: the upper boundary 98.15; the lower boundary 97.91; the width of the pattern is 25 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on AUDCHF M5. Characteristics: the upper boundary 0.5255; the lower boundary 0.5250; the width of the pattern is 5 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new window