signal strength 2 of 5
On the chart of the GBPAUD 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 2.1190, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 281 points.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Pennant
- Rectangle
- Triangle
- Triple top
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According to the chart of M15, GBPAUD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 2.0784/2.0802 and upper border is 2.0822/2.0802. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPAUD M30. Characteristics: the support level 2.0784; the resistance level 2.0839; the width of the pattern 55 points. If the resistance level
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On the chart of AUDJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 91.48; the lower boundary 91.39; the width of the pattern 9 points
The M5 and M15 time frames may have more false entry points.
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