signal strength 2 of 5
The Triple Top pattern has formed on the chart of the GOLD M15 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 76, support level -995, and pattern’s width 1554. Forecast If the price breaks through the support level 3111.14, it is likely to move further down to 3124.98.
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 Top pattern has been formed on NZDJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 81.33
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the EURNZD M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 1.9609 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 M15, USDCAD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.4267 and 1.4204 are the coordinates
The M5 and M15 time frames may have more false entry points.
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