signal strength 1 of 5
On the chart of the GBPUSD 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 1.2792, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 44 points.
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 EURJPY M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 2, support level -9
The M5 and M15 time frames may have more false entry points.
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On the chart of GBPJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 194.03; the lower boundary 193.79; the width of the pattern 24 points
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 GBPAUD H1. Characteristics: the upper boundary 2.0811; the lower boundary 2.0687; the width of the pattern is 120 points. Sell trades
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