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
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- Pennant
- Rectangle
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- Triple top
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On the chart of EURJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 162.58; the lower boundary 162.37; the width of the pattern 21 points
The M5 and M15 time frames may have more false entry points.
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On the chart of the EURJPY 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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On the chart of GBPJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 193.49; the lower boundary 193.23; the width of the pattern 26 points
The M5 and M15 time frames may have more false entry points.
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