signal strength 1 of 5

The Triple Top pattern has formed on the chart of the GBPAUD M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 2.0858/2.0860 with the upper limit 2.0882/2.0880; the projection of the width is 24 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 2.0858, 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 NZDJPY M15. Characteristics: the support level 84.57; the resistance level 84.87; the width of the pattern 30 points. If the resistance level
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 NZDCHF M15; the upper boundary is 0.4881; the lower boundary is 0.4871. The width of the pattern is 10 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top pattern has been formed on EURNZD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.9123
The M5 and M15 time frames may have more false entry points.
Open chart in a new window