signal strength 2 of 5
The Triple Top pattern has formed on the chart of the EURCAD M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 1.5743/1.5774 with the upper limit 1.5796/1.5793; the projection of the width is 53 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 1.5743, the price is most likely to continue the downward movement.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
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- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
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- EURGBP
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- EURNZD
- EURRUB
- EURUSD
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- GBPCHF
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- NZDCAD
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- SILVER
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On the chart of the EURCAD M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
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The Bearish Flag pattern has been formed on the chart GBPJPY M5. Therefore, the downwards trend is likely to continue in the nearest term. As soon as the price breaks
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the GBPJPY M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 194.72 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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