signal strength 1 of 5
On the chart of the SILVER 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 36.20, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 75 points.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
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- Buy
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The Double Top reversal pattern has been formed on AUDCAD H1. Characteristics: the upper boundary 0.8988; the lower boundary 0.8968; the width of the pattern is 22 points. Sell trades
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The Triple Top pattern has formed on the chart of the AUDUSD H1 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -3, support level -15
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The Double Top reversal pattern has been formed on AUDUSD M30. Characteristics: the upper boundary 0.6506; the lower boundary 0.6486; the width of the pattern is 19 points. Sell trades
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