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Tripple Top Pattern
The triple top pattern is a technical analysis chart pattern that signals a potential reversal of an uptrend. It consists of three peaks at approximately the same price level, separated by two troughs. The pattern suggests that the market is unable to surpass a certain resistance level three times, indicating a weakening of buying pressure and a possible trend reversal. Traders often look for confirmation through volume analysis and other indicators before making trading decisions based on this pattern.
Supply and demand zones are price areas where there is an excess of buyers or sellers, causing prices to rise or fall https://t.me/+OYEX7msIpnA3ZWU0 https://t.me/+OYEX7msIpnA3ZWU0 #forex #forex #forexeducation #trading #tradingstrategy #tradingsetup #tradingforex #tradingforliving #daytrader #daytraders #daytradingtips #daytradingforbeginners #moneymanagement
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