signal strength 1 of 5
On the chart of the EURJPY 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 161.34, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 37 points.
The M5 and M15 time frames may have more false entry points.
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- Triple top
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According to the chart of M5, AUDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 95.31/95.26
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 Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 95.31 and support 95.22
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURCAD M5. Characteristics: the support level 1.5936; the resistance level 1.5947; the width of the pattern 11 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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