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Triple Top
was formed on 07.04 at 05:35:06 (UTC+0)
signal strength 1 of 5

Triple Top GBPJPY M5

On the chart of the GBPJPY 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 188.17, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 58 points.

The M5 and M15 time frames may have more false entry points.

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