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FX.co ★ #EBAY M5: Triple Top

#EBAY M5: Triple Top

Triple TopThe Triple Top pattern has formed on the chart of the #EBAY M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 84.41/84.67 with the upper limit 84.79/84.83; the projection of the width is 38 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 84.41, the price is most likely to continue the downward movement.
The M5 and M15 time frames may have more false entry points.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction
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