signal strength 2 of 5

On the chart of the NZDUSD 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 0.5990, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 18 points.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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The Double Top pattern has been formed on EURCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.5661
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of H1, NZDCAD produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 0.8151 while the median line of the Neck
Open chart in a new windowThe Triple Top pattern has formed on the chart of the EURJPY H1 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -7, support level -19
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