signal strength 1 of 5
The Triple Top pattern has formed on the chart of the EURJPY M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 162.23/162.41 with the upper limit 162.74/162.80; the projection of the width is 51 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 162.23, the price is most likely to continue the downward movement.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
- All
- 1
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- 5
According to the chart of M5, #KO produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 71.31 while the median line of the Neck
The M5 and M15 time frames may have more false entry points.
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According to the chart of H1, #MA formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 543.69 and 523.21 are the coordinates
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The Double Bottom pattern has been formed on NZDJPY M5. Characteristics: the support level 84.75; the resistance level 84.92; the width of the pattern 17 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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