FX.co ★ AUDJPY M15: Triple Top

The Triple Top pattern has formed on the chart of the AUDJPY M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 100.93/101.06 with the upper limit 101.14/101.17; the projection of the width is 21 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 100.93, the price is most likely to continue the downward movement.