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 3037.74, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 1408 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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The Bullish pennant signal – Trading instrument GBPCHF M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 1.0852, with the prospect
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 NZDCAD H1 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
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According to the chart of M5, GBPUSD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 1.3457 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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