signal strength 1 of 5
On the chart of the SILVER 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 36.20, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 75 points.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDCAD M5. Characteristics: the support level 0.8167; the resistance level 0.8174; the width of the pattern 7 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Bearish Flag pattern has been formed on NZDUSD at M5. The lower boundary of the pattern is located at 0.5922/0.5928 while the upper boundary lies at 0.5926/0.5932. The projection
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the NZDUSD M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 0.5922; the projection
The M5 and M15 time frames may have more false entry points.
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