signal strength 1 of 5
On the chart of the GOLD 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 3276.79, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 606 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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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
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- USDCAD
- USDCHF
- USDJPY
- USDRUB
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The Double Bottom pattern has been formed on GBPCHF M5; the upper boundary is 1.0739; the lower boundary is 1.0731. The width of the pattern is 8 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 AUDJPY 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 Triple Bottom pattern has been formed on AUDUSD M30. It has the following characteristics: resistance level 0.6660/0.6624; support level 0.6615/0.6609; the width is 45 points. In the event
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