signal strength 2 of 5
On the chart of the EURNZD 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 1.8979, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 61 points.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Triple Top pattern has formed on the chart of the EURJPY H1. Features of the pattern: borders have an ascending angle; the lower line of the pattern
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The Bullish pennant pattern is formed on the #MSFT M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
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The technical pattern called Head and Shoulders has appeared on the chart of EURCHF M5. There are weighty reasons to suggest that the price will surpass the Neckline 0.9325/0.9326 after
The M5 and M15 time frames may have more false entry points.
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