FX.co ★ #INTC M5: Triple Top

The Triple Top pattern has formed on the chart of the #INTC M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 23.42/23.61 with the upper limit 23.76/23.76; the projection of the width is 34 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 23.42, the price is most likely to continue the downward movement.