signal strength 1 of 5
The Triple Top pattern has formed on the chart of the #TSLA M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 246.19/247.21 with the upper limit 249.50/249.64; the projection of the width is 331 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 246.19, 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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According to the chart of M30, GBPJPY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 190.71 is likely to encourage a continuation
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According to the chart of M30, EURJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 160.03/161.70 and upper border is 163.07/161.70. The pattern width is measured
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The Bullish pennant graphic pattern has formed on the AUDJPY M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
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