signal strength 1 of 5

The Triple Top pattern has formed on the chart of the #AAPL M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 220.81/222.10 with the upper limit 223.34/223.11; the projection of the width is 253 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 220.81, 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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- #AAPL
- #AMZN
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The Double Bottom pattern has been formed on USDCHF M5. Characteristics: the support level 0.8210; the resistance level 0.8223; the width of the pattern 13 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, EURCAD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.5628 - 0.0000
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, #MA formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 562.57 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
Open chart in a new window