signal strength 3 of 5
The Triple Top pattern has formed on the chart of the USDJPY M30 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -2, support level -41, and pattern’s width 50. Forecast If the price breaks through the support level 150.60, it is likely to move further down to 150.86.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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On the chart of NZDCHF M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.4755; the lower boundary 0.4712; the width of the pattern 43 points
The M5 and M15 time frames may have more false entry points.
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The Bearish Flag pattern has been formed on the chart EURCAD M5 which signals that the downward trend will continue. If the price breaks below the low at 1.5726, then
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the EURCAD M5 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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