signal strength 1 of 5
The Triple Top pattern has formed on the chart of the GOLD M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 4, support level -193, and pattern’s width 613. Forecast If the price breaks through the support level 3289.23, it is likely to move further down to 3294.50.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Rectangle
- Triangle
- Triple top
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On the chart of EURUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.1512; the lower boundary 1.1504; the width of the pattern 8 points
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPJPY M5. Characteristics: the support level 195.54; the resistance level 195.72; the width of the pattern 18 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDJPY M5. Characteristics: the support level 144.13; the resistance level 144.33; the width of the pattern 20 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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