signal strength 1 of 5
The Triple Top pattern has formed on the chart of the NZDJPY M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 84.95/84.99 with the upper limit 85.08/85.08; the projection of the width is 13 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 84.95, 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
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- Pennant
- Rectangle
- Triangle
- Triple top
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The Triple Bottom pattern has formed on the chart of AUDCHF M5. Features of the pattern: The lower line of the pattern has coordinates 0.5302 with the upper limit 0.5302/0.5292
The M5 and M15 time frames may have more false entry points.
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On the chart of the GBPAUD 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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According to the chart of M15, EURJPY formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 163.08
The M5 and M15 time frames may have more false entry points.
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