signal strength 1 of 5

On the chart of the NZDUSD 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 0.5542, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 16 points.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- 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 #TSLA H1. Features of the pattern: borders have an ascending angle; the lower line of the pattern
Open chart in a new windowThe Triple Top pattern has formed on the chart of the #TSLA H1. Features of the pattern: borders have an ascending angle; the lower line of the pattern
Open chart in a new windowThe Bearish pennant pattern has formed on the #TSLA M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 277.36; the projection
The M5 and M15 time frames may have more false entry points.
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