signal strength 1 of 5
The Triple Top pattern has formed on the chart of the EURCAD M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 1.5436/1.5437 with the upper limit 1.5444/1.5446; the projection of the width is 8 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 1.5436, the price is most likely to continue the downward movement.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Bullish Flag pattern has been formed on AUDJPY at M15. The lower boundary of the pattern is located at 90.77/90.59, while the higher boundary lies at 90.99/90.81. The projection
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant graphic pattern has formed on the AUDJPY M15 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
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On the chart of the AUDCAD 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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