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Triple Top
was formed on 18.04 at 22:15:20 (UTC+0)
signal strength 2 of 5

Triple Top EURUSD M15

The Triple Top pattern has formed on the chart of the EURUSD M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 1.1387/1.1391 with the upper limit 1.1397/1.1397; the projection of the width is 10 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 1.1387, the price is most likely to continue the downward movement.

The M5 and M15 time frames may have more false entry points.

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