signal strength 1 of 5

The Triple Top pattern has formed on the chart of the GOLD M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 3335.98/3338.01 with the upper limit 3342.45/3344.99; the projection of the width is 647 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 3335.98, the price is most likely to continue the downward movement.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
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- Pennant
- Rectangle
- Triangle
- Triple top
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The Bullish pennant signal – Trading instrument GBPCHF M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 1.0811, with the prospect
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on GBPAUD M5. Characteristics: the support level 2.0734; the resistance level 2.0762; the width of the pattern 28 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on GBPAUD M15. Characteristics: the upper boundary 2.0760; the lower boundary 2.0734; the width of the pattern is 28 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new window