signal strength 1 of 5
The Triple Top pattern has formed on the chart of the EURCHF M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 0.9334/0.9366 with the upper limit 0.9381/0.9380; the projection of the width is 47 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 0.9334, 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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- Rectangle
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- Triple top
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According to the chart of M5, AUDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 95.31/95.26
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 95.31 and support 95.22
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURCAD M5. Characteristics: the support level 1.5936; the resistance level 1.5947; 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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