FX.co ★ #KO M5: Triple Top

The Triple Top pattern has formed on the chart of the #KO M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 63.21/63.23 with the upper limit 63.55/63.51; the projection of the width is 34 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 63.21, the price is most likely to continue the downward movement.