signal strength 3 of 5
On the chart of the GBPJPY M30 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 188.69, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 42 points.
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- 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
- All
- Buy
- Sale
- All
- 1
- 2
- 3
- 4
- 5
According to the chart of M5, USDCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.3809/1.3835 whereas the upper border goes across 1.3870/1.3835
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on #MCD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 314.25
The M5 and M15 time frames may have more false entry points.
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On the chart of #AAPL M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 211.46; the lower boundary 207.44; the width of the pattern 402 points
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