FX.co ★ #MSFT M5: Double Bottom

The Double Bottom pattern has been formed on #MSFT M5; the upper boundary is 412.45; the lower boundary is 406.86. The width of the pattern is 559 points. In case of a break of the upper boundary 412.45, 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.