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 Double Top reversal pattern has been formed on GBPUSD D1. Characteristics: the upper boundary 1.3615; the lower boundary 1.3455; the width of the pattern is 176 points. Sell trades
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The Bullish Flag pattern has been formed on the chart EURGBP M15 which signals that the upward trend will continue. Signals: а break of the peak at 0.8555 may push
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant signal – Trading instrument EURGBP M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 0.8555, with the prospect
The M5 and M15 time frames may have more false entry points.
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