signal strength 1 of 5
On the chart of the USDCAD 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 1.4194, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 47 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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- #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
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The Double Bottom pattern has been formed on #INTC H1; the upper boundary is 21.05; the lower boundary is 18.25. The width of the pattern is 287 points. In case
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The Double Bottom pattern has been formed on NZDCHF M5; the upper boundary is 0.4874; the lower boundary is 0.4857. The width of the pattern is 17 points. In case
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPJPY M5. Characteristics: the support level 187.44; the resistance level 187.65; the width of the pattern 21 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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