signal strength 1 of 5

On the chart of the EURJPY 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 160.92, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 49 points.
The M5 and M15 time frames may have more false entry points.
See Also
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- Rectangle
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- Triple top
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The Triple Bottom pattern has formed on the chart of SILVER M5. Features of the pattern: The lower line of the pattern has coordinates 33.09 with the upper limit 33.09/33.01
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, EURUSD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 1.1358, the lower border is 1.1343. The signal means
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowOn the chart of EURUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.1357; the lower boundary 1.1344; the width of the pattern 13 points
The M5 and M15 time frames may have more false entry points.
Open chart in a new window