FX.co ★ GBPAUD M15: Triple Top

The Triple Top pattern has formed on the chart of the GBPAUD M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 2.0741/2.0753 with the upper limit 2.0774/2.0781; the projection of the width is 33 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 2.0741, the price is most likely to continue the downward movement.