signal strength 1 of 5
The Triple Top pattern has formed on the chart of the USDCHF M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 0.8824/0.8828 with the upper limit 0.8832/0.8832; 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 0.8824, 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 Top reversal pattern has been formed on SILVER M5. Characteristics: the upper boundary 31.46; the lower boundary 31.18; the width of the pattern is 285 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURUSD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on NZDJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 82.61
The M5 and M15 time frames may have more false entry points.
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