signal strength 1 of 5
The Triple Top pattern has formed on the chart of the GBPCHF M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 1.1414/1.1418 with the upper limit 1.1422/1.1420; the projection of the width is 8 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 1.1414, 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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- AUDCHF
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- AUDUSD
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- EURGBP
- EURJPY
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According to the chart of M5, GBPJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 191.75, the lower border is 191.51. The signal means
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the AUDJPY M15 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -4, support level -36
The M5 and M15 time frames may have more false entry points.
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On the chart of the GBPJPY M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
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