FX.co ★ #GOOG M5: Triple Bottom

The Triple Bottom pattern has formed on the chart of #GOOG M5. Features of the pattern: The lower line of the pattern has coordinates 389.81 with the upper limit 389.81/387.92, the projection of the width is 584 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 383.97, the price is most likely to continue the upward movement.