signal strength 1 of 5
The Triple Top pattern has formed on the chart of the #MSFT M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -15, support level -29, and pattern’s width 135. Forecast If the price breaks through the support level 498.33, it is likely to move further down to 499.91.
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
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The Double Bottom pattern has been formed on GBPJPY M5. Characteristics: the support level 199.43; the resistance level 199.81; the width of the pattern 38 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPAUD M15. Characteristics: the support level 2.0418; the resistance level 2.0447; the width of the pattern 29 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GBPCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.0724
The M5 and M15 time frames may have more false entry points.
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