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 50.56 with the upper limit 50.56/50.49, the projection of the width is 22 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 50.34, the price is most likely to continue the upward movement.