signal strength 4 of 5
The Triple Top pattern has formed on the chart of the EURGBP H1. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 0.8540/0.8547 with the upper limit 0.8558/0.8558; the projection of the width is 18 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 0.8540, 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 Triple Bottom pattern has formed on the chart of GBPJPY M5. Features of the pattern: The lower line of the pattern has coordinates 199.15 with the upper limit 199.15/199.00
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the #TSLA M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -80, support level -137
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, AUDJPY formed the Head and Shoulders pattern. The Head’s top is set at 97.24 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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