signal strength 2 of 5
The Triple Top pattern has formed on the chart of the SILVER M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 34.32/34.41 with the upper limit 34.52/34.51; the projection of the width is 195 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 34.32, 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
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The AUDUSD M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.6689, the Neckline and the upward angle are at 0.6681/0.6682. The formation
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 87.65 - 0.00
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the #TSLA M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -97, support level -48
The M5 and M15 time frames may have more false entry points.
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