signal strength 1 of 5

On the chart of the EURCAD 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 1.5578, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 33 points.
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 pattern has been formed on AUDCHF H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5254
Open chart in a new windowThe Double Bottom pattern has been formed on AUDUSD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on GBPJPY M15; the upper boundary is 199.10; the lower boundary is 198.75. The width of the pattern is 32 points. In case
The M5 and M15 time frames may have more false entry points.
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