signal strength 4 of 5
The Triple Top pattern has formed on the chart of the NZDJPY H1. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 85.75/85.93 with the upper limit 86.40/86.31; the projection of the width is 65 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 85.75, the price is most likely to continue the downward movement.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Bearish pennant pattern has formed on the GBPUSD M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 1.3529 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.6066/0.6019
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPCHF M15. 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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