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
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
- All
- 1
- 2
- 3
- 4
- 5
According to the chart of M5, EURCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.9249/0.9270 whereas the upper border goes across 0.9286/0.9270
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
According to the chart of M5, GBPJPY produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 186.00 while the median line of the Neck
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
According to the chart of M5, NZDUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.5794 and 0.5742 are the coordinates
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
