FX.co ★ AUDCAD M5: Triple Top

The Triple Top pattern has formed on the chart of the AUDCAD M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 0.9188/0.9189 with the upper limit 0.9195/0.9193; the projection of the width is 7 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 0.9188, the price is most likely to continue the downward movement.