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The Triple Top pattern has formed on the chart of the USDJPY M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 149.17/149.23 with the upper limit 149.32/149.33; the projection of the width is 15 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 149.17, 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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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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- M5
- M15
- M30
- H1
- D1
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On the chart of NZDJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 86.34; the lower boundary 86.21; the width of the pattern 13 points
The M5 and M15 time frames may have more false entry points.
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On the chart of the GOLD M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
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The #Bitcoin M15 formed the Head and Shoulders pattern with the following features: The Head’s top is at 88742.88, the Neckline and the upward angle are at 87100.22/87010.53. The formation
The M5 and M15 time frames may have more false entry points.
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