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FX.co ★ EURUSD M5: Triple Top

EURUSD M5: Triple Top

Triple TopThe Triple Top reversal pattern has formed on the EURUSD M5 chart. Its upper boundary is at 1.1156/1.1154, its lower boundary is at 1.1147/1.1149, and its current width is 8 points. If the confirmation support at 1.1147 is broken, that width can be used to project the downward move.
The M5 and M15 time frames may generate more false entry signals.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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