signal strength 1 of 5
The Triple Top pattern has formed on the chart of the SILVER M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 36.72/36.77 with the upper limit 37.19/37.19; the projection of the width is 465 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 36.72, the price is most likely to continue the downward movement.
The M5 and M15 time frames may have more false entry points.
See Also
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- Flag
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- Pennant
- Rectangle
- Triangle
- Triple top
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The Triple Bottom pattern has formed on the chart of AUDJPY M5. Features of the pattern: The lower line of the pattern has coordinates 95.92 with the upper limit 95.92/95.90
The M5 and M15 time frames may have more false entry points.
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The Bearish Flag pattern has been formed on the chart AUDJPY M5 which signals that the downward trend will continue. If the price breaks below the low at 95.83, then
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GBPAUD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 2.0828
The M5 and M15 time frames may have more false entry points.
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