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FX.co ★ #MSFT M5: Triple Bottom

#MSFT M5: Triple Bottom

Triple BottomThe Triple Bottom pattern has been formed on #MSFT M5. It has the following characteristics: resistance level 424.97/424.14; support level 423.05/423.19; the width is 192 points. In the event of a breakdown of the resistance level of 424.97, the price is likely to continue an upward movement at least to 423.45.
The M5 and M15 time frames may have more false entry points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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