FX.co ★ #GOOG M5: Triple Bottom

The Triple Bottom pattern has formed on the chart of #GOOG M5. Features of the pattern: The lower line of the pattern has coordinates 166.95 with the upper limit 166.95/166.84, the projection of the width is 174 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 165.21, the price is most likely to continue the upward movement.