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
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Bottom pattern has been formed on GBPJPY M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURJPY formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 160.00 is breached. Here
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDCHF M5; the upper boundary is 0.4696; the lower boundary is 0.4678. The width of the pattern is 19 points. In case
The M5 and M15 time frames may have more false entry points.
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