signal strength 2 of 5
The Triple Top pattern has formed on the chart of the EURCAD M15 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 1, support level -17, and pattern’s width 58. Forecast If the price breaks through the support level 1.5459, it is likely to move further down to 1.5494.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
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- Rectangle
- Triangle
- Triple top
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According to the chart of M5, EURUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.1499/1.1517 whereas the upper border goes across 1.1529/1.1517
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPUSD formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 1.3535 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of GBPJPY M5. Features of the pattern: The lower line of the pattern has coordinates 195.57 with the upper limit 195.57/195.51
The M5 and M15 time frames may have more false entry points.
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