The Double Bottom pattern has formed on the #INTC M30 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 87.21. The projected move is based on the pattern width of 540 points. FX.co ★ #INTC M30: Double Bottom
Signal strength 3 of 5
#INTC M30: Double Bottom
The Double Bottom pattern has formed on the #INTC M30 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 87.21. The projected move is based on the pattern width of 540 points. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade