signal strength 3 of 5
The Triple Top pattern has formed on the chart of the GBPUSD M30 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 2, support level -43, and pattern’s width 78. Forecast If the price breaks through the support level 1.3122, it is likely to move further down to 1.3161.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Bullish pennant graphic pattern has formed on the SILVER M5 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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According to the chart of M15, NZDUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.5979/0.5998 whereas the upper border goes across 0.6017/0.5998
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 USDJPY M15. Characteristics: the upper boundary 143.31; the lower boundary 142.76; the width of the pattern is 58 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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