FX.co ★ Actual patterns. Technical analysis and trading recommendations

The Triple Bottom pattern has formed on the chart of #INTC M15. The lower boundary is at 105.26, while the upper boundary is at 108.18/106.87. The projected width is 290 points. The formation of the Triple Bottom pattern most likely indicates a change from a downward to an upward trend. If the confirmation resistance at 108.18 is broken, the price is likely to continue upward.

The Double Bottom pattern has formed on the #INTC M5 chart. Its support is at 105.28, its resistance is at 106.87, and its width is 159 points. A break above resistance may confirm a trend reversal, with the first target projected 161 points away.

The Double Bottom pattern has formed on the #INTC M15 chart. Its support is at 105.24, its resistance is at 108.18, and its width is 294 points. A break above resistance may confirm a trend reversal, with the first target projected 290 points away.

The Bearish Rectangle has formed on the #INTC M5 chart. This is a trend continuation pattern bounded by the lower boundary at 119.66–119.66 and the upper boundary at 120.34–120.34. A breakout below the lower boundary is likely to signal a continuation of the downtrend.

The Double Bottom pattern has formed on the #INTC M5 chart. Its support is at 119.66, its resistance is at 120.34, and its width is 68 points. A break above resistance may confirm a trend reversal, with the first target projected 68 points away.