FX.co ★ SILVER M5: Triple Top

The Triple Top pattern has formed on the chart of the SILVER M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 27.30/27.34 with the upper limit 27.36/27.38; the projection of the width is 60 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 27.30, the price is most likely to continue the downward movement.