signal strength 1 of 5
The Triple Top pattern has formed on the chart of the USDJPY M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 144.62/144.83 with the upper limit 145.24/145.22; the projection of the width is 62 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 144.62, 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 GBPJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 197.99; the lower boundary 197.80; the width of the pattern 19 points
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the #NTDOY M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 5, support level -5
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDCAD 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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