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 3381.38, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 1420 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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- #AAPL
- #AMZN
- #Bitcoin
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- #INTC
- #KO
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- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
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- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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The Double Bottom pattern has been formed on AUDUSD M5. Characteristics: the support level 0.6464; the resistance level 0.6474; the width of the pattern 10 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on #PEP M15. Characteristics: the upper boundary 143.12; the lower boundary 141.40; the width of the pattern is 179 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on AUDCAD M5. It has the following characteristics: resistance level 0.9141/0.9140; support level 0.9133/0.9129; the width is 8 points. In the event
The M5 and M15 time frames may have more false entry points.
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