signal strength 2 of 5

The Triple Top pattern has formed on the chart of the AUDJPY M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 93.07/93.31 with the upper limit 93.43/93.42; the projection of the width is 36 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 93.07, the price is most likely to continue the downward movement.
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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On the chart of #MSFT M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 498.05; the lower boundary 496.21; the width of the pattern 184 points
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, GBPCHF formed the Inverse Head and Shoulder pattern. The Head’s top is set at 1.0969 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on #TSLA M30; the upper boundary is 330.73; the lower boundary is 319.85. The width of the pattern is 1057 points. In case
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