The M5 and M15 time frames may have more false entry points.
FX.co ★ #GOOG M5: Triple Bottom
Signal strength 1 of 5
#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 176.80 with the upper limit 176.80/176.65, the projection of the width is 66 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 176.14, the price is most likely to continue the upward movement.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade