FX.co ★ #GOOG M5: Triple Bottom

The Triple Bottom pattern has formed on the chart of #GOOG M5. Features of the pattern: The lower line of the pattern has coordinates 169.47 with the upper limit 169.47/168.82, the projection of the width is 194 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 167.53, the price is most likely to continue the upward movement.