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 290.96/298.79 with the upper limit 302.24/302.25; the projection of the width is 1128 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 290.96, 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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- #AAPL
- #AMZN
- #Bitcoin
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- #INTC
- #KO
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- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
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- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
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- NZDUSD
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According to the chart of H1, GBPCHF formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.0936/1.0993 and upper border is 1.1046/1.0993. The pattern width is measured
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On the chart of GBPAUD M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 2.1010; the lower boundary 2.0974; the width of the pattern 36 points
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The Double Top pattern has been formed on GBPJPY H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 197.98
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