FX.co ★ USDCAD M30: Triple Top

The Triple Top pattern has formed on the chart of the USDCAD M30. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 1.4069/1.4083 with the upper limit 1.4104/1.4100; the projection of the width is 35 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 1.4069, the price is most likely to continue the downward movement.