signal strength 2 of 5
On the chart of the GBPUSD M15 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 1.3122, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 78 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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According to the chart of M5, GBPUSD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.3309 - 0.0000
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of the GOLD M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the 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 NZDJPY M15; the upper boundary is 86.76; the lower boundary is 86.53. The width of the pattern is 21 points. In case
The M5 and M15 time frames may have more false entry points.
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