FX.co ★ #INTC M5: Double Bottom

The Double Bottom pattern has been formed on #INTC M5; the upper boundary is 47.15; the lower boundary is 46.74. The width of the pattern is 39 points. In case of a break of the upper boundary 47.15, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.