#GOOG M5 Double Bottom

The Double Bottom pattern has been formed on #GOOG M5; the upper boundary is 1883.33; the lower boundary is 1870.35. The width of the pattern is 1187 points. In case of a break of the upper boundary 1883.33, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.