signal strength 1 of 5
The Triple Top pattern has formed on the chart of the NZDJPY M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -1, support level -1, and pattern’s width 26. Forecast If the price breaks through the support level 81.42, it is likely to move further down to 81.52.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Top pattern has been formed on EURJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 161.33
The M5 and M15 time frames may have more false entry points.
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The GBPUSD H1 formed the Head and Shoulders pattern with the following features: The Head’s top is at 1.3422, the Neckline and the upward angle are at 1.3361/1.3354. The formation
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On the chart of #INTC M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 19.72; the lower boundary 19.41; the width of the pattern 31 points
The M5 and M15 time frames may have more false entry points.
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