
The Double Bottom pattern has been formed on #PEP M5; the upper boundary is 146.45; the lower boundary is 145.09. The width of the pattern is 138 points. In case of a break of the upper boundary 146.45, 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.
The M5 and M15 time frames may have more false entry points.