signal strength 1 of 5
The Triple Top pattern has formed on the chart of the USDCHF M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 4, support level -4, and pattern’s width 16. Forecast If the price breaks through the support level 0.8836, it is likely to move further down to 0.8835.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Rectangle
- Triangle
- Triple top
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The Double Top pattern has been formed on EURJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 159.88
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on GBPCHF M5. Characteristics: the upper boundary 1.0978; the lower boundary 1.0929; the width of the pattern is 49 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 AUDCHF H1; the upper boundary is 0.5174; the lower boundary is 0.5074. The width of the pattern is 105 points. In case
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