signal strength 1 of 5
The Triple Top pattern has formed on the chart of the EURJPY M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 4, support level -5, and pattern’s width 17. Forecast If the price breaks through the support level 173.41, it is likely to move further down to 173.40.
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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- #AAPL
- #AMZN
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- AUDCAD
- AUDCHF
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- AUDUSD
- EURCAD
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- EURRUB
- EURUSD
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- NZDCAD
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- NZDUSD
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- USDCAD
- USDCHF
- USDJPY
- USDRUB
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- M5
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The Bullish Flag pattern which signals continuation of a trend has been formed on the chart #NTDOY D1. Forecast: if the price breaks above the pattern high at 24.49, then
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The Bullish pennant signal – Trading instrument #NTDOY D1, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 24.49, with the prospect
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The AUDUSD M15 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.6563, the Neckline and the upward angle are at 0.6548/0.6549. The formation
The M5 and M15 time frames may have more false entry points.
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