signal strength 1 of 5

The Triple Top pattern has formed on the chart of the EURCAD M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 2, support level -2, and pattern’s width 20. Forecast If the price breaks through the support level 1.5605, it is likely to move further down to 1.5607.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
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- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
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- NZDUSD
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- USDCAD
- USDCHF
- USDJPY
- USDRUB
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According to M5, GBPAUD is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 2.0707/2.0710 is broken out, the instrument is likely to move toward
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M30, EURJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 167.02 - 0.00
Open chart in a new windowAccording to the chart of M5, EURJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 166.62/166.78 whereas the upper border goes across 167.01/166.78
The M5 and M15 time frames may have more false entry points.
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