signal strength 1 of 5
On the chart of the SILVER 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 33.95, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 85 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
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- EURJPY
- EURNZD
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- EURUSD
- GBPAUD
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- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
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- USDCAD
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- USDJPY
- USDRUB
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The Double Bottom pattern has been formed on #PEP M5. Characteristics: the support level 127.65; the resistance level 128.58; the width of the pattern 93 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #PEP M5; the upper boundary is 128.58; the lower boundary is 127.66. The width of the pattern is 93 points. In case
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on AUDCHF M5. Characteristics: the upper boundary 0.5244; the lower boundary 0.5238; the width of the pattern is 7 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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