FX.co ★ #GOOG M5: Triple Top

The Triple Top pattern has formed on the chart of the #GOOG M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 159.47/159.75 with the upper limit 160.25/160.62; the projection of the width is 78 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 159.47, the price is most likely to continue the downward movement.