USD/CHF 15-minute chart: Triple Top
A triple top on the USD/CHF 15-minute chart, bearish. The video shows how to spot it, where to enter and where the stop and target go.
- Pattern: Triple Top (bearish)
- Entry 0.82547, stop 0.82706, target 0.82418
Full transcript
Can the Swiss franc stay below the level it just broke?
October 20: the dollar against the Swiss franc on the 15 minute chart confirmed a triple top today.
A triple top is price rejected three times from the same area. Three separate pushes stall near the same price, then a close below the support band at 0.82558 is the confirmation.
The measured target is 0.82418. The invalidation level is 0.82706, where a close beyond it cancels the pattern.
It is still in play, and neither level has been hit yet.
A pattern never guarantees its target, and the same shape fails just as often.
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AI-voiced; written and reviewed by the Borearis Research Team. For education only, not investment advice. Trading involves risk.