
The Double Bottom pattern has been formed on #MA M15; the upper boundary is 481.71; the lower boundary is 471.86. The width of the pattern is 1024 points. In case of a break of the upper boundary 481.71, 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.
The M5 and M15 time frames may have more false entry points.