signal strength 1 of 5
The Triple Top pattern has formed on the chart of the EURCAD M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 1.5436/1.5437 with the upper limit 1.5444/1.5446; the projection of the width is 8 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 1.5436, the price is most likely to continue the downward movement.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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According to the chart of M15, USDJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 144.46, the lower border is 144.24. The signal means
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 #MCD M5. Characteristics: the upper boundary 315.47; the lower boundary 314.98; the width of the pattern is 49 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of the USDJPY M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
The M5 and M15 time frames may have more false entry points.
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