signal strength 2 of 5
On the chart of the SILVER 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 31.82, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 400 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
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- AUDCAD
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- EURCAD
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- EURGBP
- EURJPY
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- EURRUB
- EURUSD
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- NZDCAD
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The Double Bottom pattern has been formed on NZDJPY M5. Characteristics: the support level 85.33; the resistance level 85.51; the width of the pattern 18 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on EURGBP M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8499
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDCHF M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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