signal strength 1 of 5
On the chart of the GOLD 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 3008.62, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 544 points.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPAUD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 2.0658/2.0675 whereas the upper border goes across 2.0687/2.0675
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 GBPAUD M5. Characteristics: the upper boundary 2.0687; the lower boundary 2.0659; the width of the pattern is 26 points. Sell trades
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 GBPUSD M30. Characteristics: the upper boundary 1.2970; the lower boundary 1.2948; the width of the pattern is 23 points. Sell trades
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