signal strength 1 of 5
The Triple Top pattern has formed on the chart of the GOLD M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 87, support level -1386, and pattern’s width 1914. Forecast If the price breaks through the support level 3255.48, it is likely to move further down to 3274.78.
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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According to the chart of H1, GBPJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 198.43 - 0.00
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The Double Top reversal pattern has been formed on GBPCHF M30. Characteristics: the upper boundary 1.0764; the lower boundary 1.0747; the width of the pattern is 16 points. Sell trades
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On the chart of NZDCAD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8204; the lower boundary 0.8193; the width of the pattern 11 points
The M5 and M15 time frames may have more false entry points.
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