signal strength 1 of 5
The Triple Top pattern has formed on the chart of the GOLD M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -26, support level -141, and pattern’s width 261. Forecast If the price breaks through the support level 3054.41, it is likely to move further down to 3057.02.
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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The Double Bottom pattern has been formed on NZDCAD M15. Characteristics: the support level 0.8149; the resistance level 0.8192; the width of the pattern 43 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDJPY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 84.71 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPUSD M5; the upper boundary is 1.2948; the lower boundary is 1.2934. The width of the pattern is 14 points. In case
The M5 and M15 time frames may have more false entry points.
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