signal strength 1 of 5
The Triple Top pattern has formed on the chart of the EURJPY M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 168.72/168.78 with the upper limit 169.02/169.03; the projection of the width is 30 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 168.72, 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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- AUDCHF
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- AUDUSD
- EURCAD
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- EURGBP
- EURJPY
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- EURRUB
- EURUSD
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- GBPCHF
- GBPJPY
- GBPUSD
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- NZDUSD
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According to the chart of M5, AUDUSD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.6519 - 0.0000
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.4794 and 0.4783 are the coordinates
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDCAD M5. Characteristics: the support level 0.8188; the resistance level 0.8192; the width of the pattern 4 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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