FX.co ★ #MA M15: Triple Bottom

The Triple Bottom pattern has formed on the chart of #MA M15. Features of the pattern: The lower line of the pattern has coordinates 508.93 with the upper limit 508.93/507.64, the projection of the width is 246 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 506.47, the price is most likely to continue the upward movement.