signal strength 2 of 5
The Triple Top pattern has formed on the chart of the GBPAUD M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 2.0741/2.0753 with the upper limit 2.0774/2.0781; the projection of the width is 33 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 2.0741, 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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The Double Bottom pattern has been formed on GBPCHF M30. Characteristics: the support level 1.1023; the resistance level 1.1060; the width of the pattern 37 points. If the resistance level
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According to the chart of M5, USDJPY formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 143.61, the lower border is 143.49. The signal means
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 Rectangle. The pattern indicates a trend continuation. The upper border is 166.25, the lower border is 166.09. The signal means
The M5 and M15 time frames may have more false entry points.
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