FX.co ★ NZDJPY M15: Triple Top

The Triple Top pattern has formed on the chart of the NZDJPY M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 87.86/88.00 with the upper limit 88.12/88.16; the projection of the width is 26 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 87.86, the price is most likely to continue the downward movement.