signal strength 1 of 5
On the chart of the USDCAD 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 1.4194, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 47 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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The Bullish Flag pattern has been formed on the chart EURGBP M15 which signals that the upward trend will continue. Signals: а break of the peak at 0.8555 may push
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant signal – Trading instrument EURGBP M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 0.8555, with the prospect
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the EURNZD 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.
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