signal strength 1 of 5

On the chart of the GBPJPY 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 192.89, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 27 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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- #AAPL
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The Double Top reversal pattern has been formed on #Bitcoin M15. Characteristics: the upper boundary 106299.16; the lower boundary 105969.75; the width of the pattern is 31259 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Top pattern has formed on the chart of the #Bitcoin M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on #Bitcoin M5. Characteristics: the support level 105358.42; the resistance level 105551.46; the width of the pattern 19304 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new window