FX.co ★ GBPCHF M15: Triple Top

The Triple Top pattern has formed on the chart of the GBPCHF M15. Features of the pattern: borders have an ascending angle;the lower line of the pattern has the coordinates 1.1249/1.1260 with the upper limit 1.1267/1.1269; the projection of the width is 18 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 1.1249, the price is most likely to continue the downward movement.