FX.co ★ NZDCHF M15: Triple Top

The Triple Top pattern has formed on the chart of the NZDCHF M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 0.4612/0.4615 with the upper limit 0.4628/0.4632; the projection of the width is 16 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 0.4612, the price is most likely to continue the downward movement.