signal strength 2 of 5

The Triple Top pattern has formed on the chart of the GOLD M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 2788.37/2790.22 with the upper limit 2798.02/2797.87; the projection of the width is 965 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 2788.37, 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
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
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- EURGBP
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- EURRUB
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The Double Bottom pattern has been formed on NZDCAD M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top pattern has been formed on GOLD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 2934.75
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top pattern has been formed on USDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 149.34
The M5 and M15 time frames may have more false entry points.
Open chart in a new window