signal strength 1 of 5
On the chart of the #MA 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 540.68, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 291 points.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, USDJPY formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 148.98, the lower border is 148.74. The signal means
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDJPY M5. Characteristics: the support level 148.74; the resistance level 148.96; the width of the pattern 22 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.5712 and support 0.5701
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
