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FX.co ★ #MSFT M5: Triple Bottom

#MSFT M5: Triple Bottom

Triple BottomThe Triple Bottom pattern has been formed on #MSFT M5. It has the following characteristics: resistance level 409.15/405.98; support level 404.67/404.41; the width is 448 points. In the event of a breakdown of the resistance level of 409.15, the price is likely to continue an upward movement at least to 404.61.
The M5 and M15 time frames may have more false entry points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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