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 92.48/93.19 with the upper limit 94.07/94.05; the projection of the width is 1585 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 92.48, the price is most likely to continue the downward movement.