signal strength 1 of 5
On the chart of the USDCHF 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 0.8804, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 11 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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According to the chart of M5, EURUSD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 1.1454, the lower border is 1.1431. The signal means
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, USDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.8180/0.8170
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, USDCHF formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
The M5 and M15 time frames may have more false entry points.
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