FX.co ★ #PEP H1: Triple Top

The Triple Top pattern has formed on the chart of the #PEP H1. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 140.45/145.07 with the upper limit 145.93/146.45; the projection of the width is 548 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 140.45, the price is most likely to continue the downward movement.