signal strength 1 of 5
The Triple Top pattern has formed on the chart of the GBPAUD M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 2.0592/2.0597 with the upper limit 2.0615/2.0616; the projection of the width is 23 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 2.0592, 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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- Rectangle
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- Triple top
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On the chart of #PEP M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 146.13; the lower boundary 145.79; the width of the pattern 34 points
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on #PEP M5. Characteristics: the upper boundary 146.11; the lower boundary 145.79; the width of the pattern is 34 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the GBPUSD M15 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
The M5 and M15 time frames may have more false entry points.
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