signal strength 1 of 5
On the chart of the AUDUSD 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 0.6366, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 12 points.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
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- Pennant
- Rectangle
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- Triple top
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The Double Bottom pattern has been formed on USDJPY M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPCHF formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.1004/1.1031 and upper border is 1.1063/1.1031. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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On the chart of GOLD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 3243.76; the lower boundary 3234.33; the width of the pattern 943 points
The M5 and M15 time frames may have more false entry points.
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