
The Double Bottom pattern has been formed on #GOOG M15. Characteristics: the support level 169.16; the resistance level 171.09; the width of the pattern 193 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 180 points.
The M5 and M15 time frames may have more false entry points.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction