signal strength 1 of 5
The Triple Top pattern has formed on the chart of the AUDJPY M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 92.92/93.02 with the upper limit 93.11/93.10; the projection of the width is 19 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 92.92, 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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The technical pattern called Head and Shoulders has appeared on the chart of AUDCAD M15. There are weighty reasons to suggest that the price will surpass the Neckline 0.9179/0.9177 after
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern has been formed on the chart GBPJPY M5 which signals that the upward trend will continue. Signals: а break of the peak at 203.60 may push
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant pattern is formed on the GBPJPY M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
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