signal strength 1 of 5
The Triple Top pattern has formed on the chart of the AUDUSD M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -1, support level -5, and pattern’s width 9. Forecast If the price breaks through the support level 0.6513, it is likely to move further down to 0.6509.
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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- AUDCAD
- AUDCHF
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The Triple Bottom pattern has formed on the chart of the GBPAUD H1 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
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The Double Bottom pattern has been formed on GBPAUD M30; the upper boundary is 2.0756; the lower boundary is 2.0738. The width of the pattern is 20 points. In case
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The Triple Bottom pattern has been formed on NZDUSD M5. It has the following characteristics: resistance level 0.5860/0.5857; support level 0.5853/0.5854; the width is 7 points. In the event
The M5 and M15 time frames may have more false entry points.
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