signal strength 1 of 5
On the chart of the AUDJPY 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 95.11, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 14 points.
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on AUDJPY H1. Characteristics: the upper boundary 100.84; the lower boundary 100.39; the width of the pattern is 50 points. Sell trades
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The Double Top pattern has been formed on AUDUSD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6569
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 M5; the upper boundary is 2.0266; the lower boundary is 2.0243. The width of the pattern is 22 points. In case
The M5 and M15 time frames may have more false entry points.
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