signal strength 1 of 5
On the chart of the GBPCHF 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 1.0994, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 13 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 GBPJPY M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 199.21, the Neckline and the upward angle are at 198.91/198.95. The formation
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern has been formed on the chart AUDJPY M5 which signals that the upward trend will continue. Signals: а break of the peak at 94.92 may push
The M5 and M15 time frames may have more false entry points.
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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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