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FX.co ★ #INTC M5: Triple Bottom

#INTC M5: Triple Bottom

Triple BottomThe Triple Bottom pattern has formed on the #INTC M5 chart. It has the following characteristics: resistance at 89.72; support at 89.36; pattern width of 36 points. If the confirmation resistance at 90.09 is broken, the price is likely to continue upward by at least 105 points.
The M5 and M15 time frames may generate more false entry signals.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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