signal strength 3 of 5
The Triple Top pattern has formed on the chart of the EURJPY M30. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 161.15/161.87 with the upper limit 162.40/162.36; the projection of the width is 125 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 161.15, the price is most likely to continue the downward movement.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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According to the chart of M5, GBPJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 195.20/194.99
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern has been formed on NZDCAD at M15. The lower boundary of the pattern is located at 0.8238/0.8232, while the higher boundary lies at 0.8246/0.8240. The projection
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant graphic pattern has formed on the NZDCAD M15 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
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