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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According to the chart of H1, NZDUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.5775 and support 0.5753
Open chart in a new windowAccording to the chart of M30, NZDUSD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
Open chart in a new windowThe Double Top reversal pattern has been formed on GBPCHF M30. Characteristics: the upper boundary 1.0685; the lower boundary 1.0667; the width of the pattern is 17 points. Sell trades
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