signal strength 3 of 5
The Triple Top pattern has formed on the chart of the SILVER M30. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 35.87/35.96 with the upper limit 36.13/36.19; the projection of the width is 260 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 35.87, the price is most likely to continue the downward movement.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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According to the chart of M5, NZDUSD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.5954 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPAUD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 2.0470/2.0498 and upper border is 2.0537/2.0498. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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According to the chart of H1, GBPUSD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.3367 - 0.0000
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