signal strength 1 of 5

The Triple Top pattern has formed on the chart of the NZDUSD M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 0.5553/0.5569 with the upper limit 0.5579/0.5579; the projection of the width is 26 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 0.5553, 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 Bottom pattern has been formed on AUDUSD M15; the upper boundary is 0.6494; the lower boundary is 0.6461. The width of the pattern is 34 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bearish Flag pattern has been formed on the chart NZDJPY M15. Therefore, the downwards trend is likely to continue in the nearest term. As soon as the price breaks
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bearish pennant pattern has formed on the NZDJPY M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 85.81; the projection
The M5 and M15 time frames may have more false entry points.
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