signal strength 1 of 5
The Triple Top pattern has formed on the chart of the #TSLA M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 313.63/316.67 with the upper limit 321.46/320.60; the projection of the width is 783 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 313.63, 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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- #AMZN
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The Double Top pattern has been formed on #TSLA M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 348.76
The M5 and M15 time frames may have more false entry points.
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On the chart of #TSLA M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 354.69; the lower boundary 348.76; the width of the pattern 593 points
The M5 and M15 time frames may have more false entry points.
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On the chart of the GOLD 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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