signal strength 2 of 5
On the chart of the GBPUSD M15 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 1.3246, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 21 points.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- 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
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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- M5
- M15
- M30
- H1
- D1
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According to the chart of M5, USDCHF formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 0.8253, the lower border is 0.8243. 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, NZDCAD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.8184
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 162.45 and support 162.26
The M5 and M15 time frames may have more false entry points.
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