signal strength 1 of 5
The Triple Top pattern has formed on the chart of the USDCHF M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 4, support level -4, and pattern’s width 16. Forecast If the price breaks through the support level 0.8836, it is likely to move further down to 0.8835.
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; the upper boundary is 0.8145; the lower boundary is 0.8138. The width of the pattern is 6 points. In case
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPJPY M5. Characteristics: the support level 198.59; the resistance level 198.72; the width of the pattern 13 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 M30, NZDCHF formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.4776 is likely to encourage a continuation
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