signal strength 1 of 5
The Triple Top pattern has formed on the chart of the EURCHF M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 0.9334/0.9366 with the upper limit 0.9381/0.9380; the projection of the width is 47 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 0.9334, 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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The Double Top reversal pattern has been formed on AUDCAD M5. Characteristics: the upper boundary 0.9088; the lower boundary 0.9081; the width of the pattern is 7 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe technical pattern called Head and Shoulders has appeared on the chart of NZDJPY M5. There are weighty reasons to suggest that the price will surpass the Neckline 87.80/87.79 after
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, AUDCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.5208 and 0.5195 are the coordinates
The M5 and M15 time frames may have more false entry points.
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