signal strength 3 of 5
On the chart of the EURUSD 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 1.0805, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 39 points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
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- NZDUSD
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According to the chart of M5, GBPUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.3565 and 1.3537 are the coordinates
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDJPY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 92.50 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, AUDUSD formed the Head and Shoulders pattern. The Head’s top is set at 0.6510 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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