What Is a Triple Top?
The triple top is a type of chart pattern used in technical analysis to predict the reversal in the movement of an asset's price. Consisting of three peaks, a triple top signals that the asset may no longer be rallying, and that lower prices may be on the way.
Triple tops may occur on all time frames, but in order for the pattern to be...
ALOHA traders!
Hope you all had a dominating and profitable end of April! Here's a two trades, one that that I missed getting into but was able to capture a second minor move down where I was hoping for it to break down.
The position I got in only lasted for less than a day, 14 hours with a manual close of +.73%. I was okay with closing it as I didnt want to...
SNY has experience two bump and runs throughout the course of its listing. Will a third follow? If so will it be immediately or will further trend strengthening occur. The bump and runs also resulted in two triple tops.
After we had the spectacular upward moves to ~8,300.00, BTCUSD seems to be out fuel. Every time the price attempted to rise above this level, it failed. As a result, it's formed a Triple Tops pattern. A declining volume after the formation of the first top is another characteristic that suggests Triple Tops for the formation. For this chart, the breakout occurs if...
Here on the GBPAUD it looks like we have a triple top, plus an advanced fibonacci Cypher formation at the 1,97000 even handle number. It´s a heavy countertrend move, so watch your trade plan.
Kind regards
Thomas Jeff
HI ALL,
Here we have a nice bearish bat pattern completion at a very strong resistance level.
we even have Triple tops here and another Top might be setting up.
RSI very close to Being Extremely overbought.
Stops above X
TGT1 0.382%
TGT2 0.618%
April winning forecast - Interesting and noteworthy bitcoin tradingview ideas, quotes on charts www.bitcoinprice.mobi
Compiled by me, original idea ItisCalvin
