FX.co ★ SILVER M5: Triple Top

The Triple Top pattern has formed on the chart of the SILVER M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 31.06/31.09 with the upper limit 31.12/31.12; the projection of the width is 60 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 31.06, the price is most likely to continue the downward movement.