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 2.0858/2.0860 with the upper limit 2.0882/2.0880; the projection of the width is 24 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 2.0858, 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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According to the chart of M5, GBPJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 193.36, the lower border is 193.15. The signal means
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on EURCAD M5; the upper boundary is 1.5643; the lower boundary is 1.5624. The width of the pattern is 20 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, EURJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 163.42/163.55 whereas the upper border goes across 163.70/163.55
The M5 and M15 time frames may have more false entry points.
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