
The Double Bottom pattern has been formed on #MSFT M5. Characteristics: the support level 451.84; the resistance level 454.67; the width of the pattern 283 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 273 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