EURUSD: "Triple Top" pattern

EURUSD: "Triple Top" pattern


Bulls faced with resistance at 1.2272, so there's a "Double Top" pattern. In this case, we're likely going to have a bearish correction towards the nearest support at 1.2225 - 1.2164. If a pullback from this area happens little later on, we could have another upward price movement.


There's a "Triple Top" pattern, so the market is likely going to test the closest support at 1.2225 - 1.2164. This area could be a departure point for a bullish price movement in the direction of the next resistance at 1.2296 - 1.2358.



Latest news

GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...


Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera