signal strength 2 of 5
The Triple Top pattern has formed on the chart of the GBPJPY M15 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -5, support level -51, and pattern’s width 56. Forecast If the price breaks through the support level 194.14, it is likely to move further down to 194.51.
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 NZDUSD M15. Characteristics: the support level 0.5955; the resistance level 0.5969; the width of the pattern 14 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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On the chart of GBPAUD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 2.0555; the lower boundary 2.0513; the width of the pattern 42 points
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on GBPUSD M5. Characteristics: the upper boundary 1.3298; the lower boundary 1.3290; the width of the pattern is 8 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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