signal strength 1 of 5
On the chart of the #MCD 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 311.03, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 345 points.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
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- Pennant
- Rectangle
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- Triple top
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The Double Top pattern has been formed on SILVER M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 32.10
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 GBPCHF M5. Characteristics: the upper boundary 1.0810; the lower boundary 1.0791; the width of the pattern is 18 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPCHF formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 1.0810, the lower border is 1.0791. The signal means
The M5 and M15 time frames may have more false entry points.
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