signal strength 1 of 5
The Triple Top pattern has formed on the chart of the GOLD M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -26, support level -141, and pattern’s width 261. Forecast If the price breaks through the support level 3054.41, it is likely to move further down to 3057.02.
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 GOLD M5. Characteristics: the support level 3050.78; the resistance level 3075.21; the width of the pattern 2443 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPUSD M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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The Bullish Flag pattern has been formed on EURJPY at M5. The lower boundary of the pattern is located at 161.24/160.64, while the higher boundary lies at 161.82/161.22. The projection
The M5 and M15 time frames may have more false entry points.
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