signal strength 1 of 5

The Triple Top pattern has formed on the chart of the AUDCHF M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 0.5198/0.5212 with the upper limit 0.5223/0.5226; the projection of the width is 25 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 0.5198, the price is most likely to continue the downward movement.
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
- AUDJPY
- AUDUSD
- EURCAD
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- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDUSD
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- USDCAD
- USDCHF
- USDJPY
- USDRUB
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According to the chart of M5, USDCAD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 1.3889 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has been formed on AUDJPY H1. It has the following characteristics: resistance level 92.94/92.85; support level 92.44/92.53; the width is 50 points. In the event
Open chart in a new windowThe Double Bottom pattern has been formed on NZDCHF M30. Characteristics: the support level 0.4882; the resistance level 0.4893; the width of the pattern 11 points. If the resistance level
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