signal strength 1 of 5
On the chart of the AUDJPY 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 94.64, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 13 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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- #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
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- M5
- M15
- M30
- H1
- D1
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On the chart of #NTDOY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 24.42; the lower boundary 24.33; the width of the pattern 9 points
The M5 and M15 time frames may have more false entry points.
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The GBPUSD M15 formed the Head and Shoulders pattern with the following features: The Head’s top is at 1.3573, the Neckline and the upward angle are at 1.3545/1.3551. The formation
The M5 and M15 time frames may have more false entry points.
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According to M15, NZDJPY is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 87.19/87.18 is broken out, the instrument is likely to move toward
The M5 and M15 time frames may have more false entry points.
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