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 3306.23, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 880 points.
The M5 and M15 time frames may have more false entry points.
Vea asimismo
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On the chart of NZDJPY H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 87.00; the lower boundary 86.53; the width of the pattern 47 points
Open chart in a new windowThe Double Bottom pattern has been formed on GBPJPY M5. Characteristics: the support level 194.78; the resistance level 194.96; the width of the pattern 18 points. If the resistance level
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 GBPCHF M5; the upper boundary is 1.1120; the lower boundary is 1.1113. The width of the pattern is 7 points. In case
The M5 and M15 time frames may have more false entry points.
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