FX.co ★ #INTC M5: Triple Bottom

The Triple Bottom pattern has formed on the chart of #INTC M5. Features of the pattern: The lower line of the pattern has coordinates 23.57 with the upper limit 23.57/23.47, the projection of the width is 30 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 23.27, the price is most likely to continue the upward movement.