FX.co ★ EURGBP M30: Triple Top

The Triple Top pattern has formed on the chart of the EURGBP M30. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 0.8356/0.8369 with the upper limit 0.8380/0.8379; the projection of the width is 24 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 0.8356, the price is most likely to continue the downward movement.