signal strength 1 of 5
The Triple Top pattern has formed on the chart of the GBPCHF M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 1.1414/1.1418 with the upper limit 1.1422/1.1420; the projection of the width is 8 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 1.1414, 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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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
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- NZDUSD
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- USDCAD
- USDCHF
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- USDRUB
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On the chart of EURCAD M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.5590; the lower boundary 1.5393; the width of the pattern 197 points
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The Double Top reversal pattern has been formed on EURCAD M15. Characteristics: the upper boundary 1.5587; the lower boundary 1.5393; the width of the pattern is 197 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of the GBPJPY M15 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
The M5 and M15 time frames may have more false entry points.
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