signal strength 3 of 5
The Triple Top pattern has formed on the chart of the EURCAD M30. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 1.5476/1.5505 with the upper limit 1.5517/1.5519; the projection of the width is 41 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 1.5476, the price is most likely to continue the downward movement.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCHF
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- AUDUSD
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- EURGBP
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According to the chart of M15, NZDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 79.77/80.40 and upper border is 81.02/80.40. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern has been formed on the chart SILVER M5 which signals that the upward trend will continue. Signals: а break of the peak at 30.21 may push
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant graphic pattern has formed on the SILVER M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
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