#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 420.51 with the upper limit 420.51/420.46, the projection of the width is 104 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 419.47, the price is most likely to continue the upward movement.