EURCAD M15 Triple Bottom

The Triple Bottom pattern has formed on the chart of EURCAD M15. Features of the pattern: The lower line of the pattern has coordinates 1.4981 with the upper limit 1.4981/1.4975, the projection of the width is 18 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 1.4963, the price is most likely to continue the upward movement.