signal strength 1 of 5
On the chart of the #Bitcoin 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 82818.73, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 46117 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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- AUDCAD
- AUDCHF
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- AUDUSD
- EURCAD
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- EURJPY
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- EURRUB
- EURUSD
- GBPAUD
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- GBPJPY
- GBPUSD
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The Triple Top pattern has formed on the chart of the NZDUSD M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, EURCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.5415/1.5608 whereas the upper border goes across 1.5743/1.5608
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On the chart of AUDJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 88.20; the lower boundary 87.87; the width of the pattern 33 points
The M5 and M15 time frames may have more false entry points.
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