FX.co ★ #MSFT M5: Triple Bottom

The Triple Bottom pattern has formed on the chart of #MSFT M5. Features of the pattern: The lower line of the pattern has coordinates 447.90 with the upper limit 447.90/444.22, the projection of the width is 438 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 443.52, the price is most likely to continue the upward movement.