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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According to the chart of M15, GBPUSD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 1.3108, the lower border is 1.3079. The signal means
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 92.02/92.38 and upper border is 92.67/92.38. The pattern width is measured
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 AUDCAD M5 which signals that the downward trend will continue. If the price breaks below the low at 0.8881, then
The M5 and M15 time frames may have more false entry points.
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