signal strength 3 of 5

The Triple Top pattern has formed on the chart of the #MSFT M30. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 472.89/474.09 with the upper limit 480.39/480.60; the projection of the width is 750 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 472.89, the price is most likely to continue the downward movement.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
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- #TSLA
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
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- GBPAUD
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- GBPJPY
- GBPUSD
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According to the chart of M5, AUDJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 95.99, the lower border is 95.89. The signal means
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, GBPJPY formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 199.54 is breached. Here
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, AUDJPY formed the Head and Shoulders pattern. The Head’s top is set at 95.98 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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