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 Top reversal pattern has been formed on USDCHF H1. Characteristics: the upper boundary 0.8474; the lower boundary 0.8409; the width of the pattern is 66 points. Sell trades
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The Double Bottom pattern has been formed on GBPAUD M5; the upper boundary is 2.0677; the lower boundary is 2.0660. The width of the pattern is 16 points. In case
The M5 and M15 time frames may have more false entry points.
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On the chart of USDCHF M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8475; the lower boundary 0.8409; the width of the pattern 66 points
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