signal strength 3 of 5
The Triple Top pattern has formed on the chart of the EURCAD M30. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 1.5476/1.5505 with the upper limit 1.5517/1.5519; the projection of the width is 41 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 1.5476, 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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The Bearish pennant pattern has formed on the #TSLA M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 277.36; the projection
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern which signals continuation of a trend has been formed on the chart #NTDOY M5. Forecast: if the price breaks above the pattern high at 21.79, then
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant graphic pattern has formed on the #NTDOY M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
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