FX.co ★ USDCHF M15: Triple Top

The Triple Top pattern has formed on the chart of the USDCHF M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 0.7792/0.7808 with the upper limit 0.7817/0.7817; the projection of the width is 25 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 0.7792, the price is most likely to continue the downward movement.