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The Double Top pattern has been formed on USDJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 149.54 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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- Triple top
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On the chart of the GBPJPY M30 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
Open chart in a new windowThe Triple Bottom pattern has formed on the chart of the NZDCHF M15 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has formed on the chart of the NZDCHF M30 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
Open chart in a new window