FX.co ★ #MSFT M5: Double Bottom

The Double Bottom pattern has been formed on #MSFT M5; the upper boundary is 398.49; the lower boundary is 396.83. The width of the pattern is 181 points. In case of a break of the upper boundary 398.49, 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.