signal strength 1 of 5

The Triple Top pattern has formed on the chart of the SILVER M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 33.57/33.69 with the upper limit 33.74/33.74; the projection of the width is 175 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 33.57, 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 Bottom pattern has been formed on EURGBP M30; the upper boundary is 0.8504; the lower boundary is 0.8486. The width of the pattern is 18 points. In case
Open chart in a new windowAccording to the chart of M5, NZDJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on GOLD M5; the upper boundary is 3315.47; the lower boundary is 3308.38. The width of the pattern is 719 points. In case
The M5 and M15 time frames may have more false entry points.
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