The M5 and M15 time frames may have more false entry points.
FX.co ★ #MSFT M15: Double Bottom
Signal strength 2 of 5
#MSFT M15: Double Bottom
The Double Bottom pattern has been formed on #MSFT M15; the upper boundary is 415.42; the lower boundary is 413.85. The width of the pattern is 178 points. In case of a break of the upper boundary 415.42, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction