
The Double Bottom pattern has been formed on #GOOG M5. Characteristics: the support level 148.48; the resistance level 150.32; the width of the pattern 184 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 177 points.
The M5 and M15 time frames may have more false entry points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade