signal strength 1 of 5
The Triple Top pattern has formed on the chart of the #Bitcoin M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 104587.78/104983.17 with the upper limit 105520.92/105789.00; the projection of the width is 93314 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 104587.78, the price is most likely to continue the downward movement.
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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- #AMZN
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- AUDCHF
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- GBPUSD
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On the chart of SILVER M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 36.03; the lower boundary 35.87; the width of the pattern 170 points
The M5 and M15 time frames may have more false entry points.
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According to M5, USDCHF is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 0.8169/0.8165 is broken out, the instrument is likely to move toward
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURUSD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 1.1519, the lower border is 1.1510. The signal means
The M5 and M15 time frames may have more false entry points.
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