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FX.co ★ USDCAD M5: Triple Top

USDCAD M5: Triple Top

The Triple Top pattern has formed on the chart of the USDCAD M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -3, support level -1, and pattern’s width 8. Forecast If the price breaks through the support level 1.3080, it is likely to move further down to 1.3073.
The M5 and M15 time frames may have more false entry points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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