FX.co ★ #GOOG M15: Triple Top

The Triple Top pattern has formed on the chart of the #GOOG M15. Features of the pattern: borders have an ascending angle;the lower line of the pattern has the coordinates 163.02/163.07 with the upper limit 164.41/164.25; the projection of the width is 139 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 163.02, the price is most likely to continue the downward movement.