signal strength 1 of 5
The Triple Top pattern has formed on the chart of the USDCHF M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 0.8231/0.8240 with the upper limit 0.8247/0.8248; the projection of the width is 16 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 0.8231, the price is most likely to continue the downward movement.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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According to the chart of M30, NZDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 87.77 and 87.44 are the coordinates
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The Double Bottom pattern has been formed on AUDJPY M15. Characteristics: the support level 94.36; the resistance level 94.47; the width of the pattern 11 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 NZDCAD M5; the upper boundary is 0.8272; the lower boundary is 0.8267. The width of the pattern is 6 points. In case
The M5 and M15 time frames may have more false entry points.
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