FX.co ★ NZDUSD M15: Triple Top

The Triple Top pattern has formed on the chart of the NZDUSD M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 0.5951/0.5965 with the upper limit 0.5980/0.5976; the projection of the width is 29 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 0.5951, the price is most likely to continue the downward movement.