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

The Triple Bottom pattern has formed on the chart of #MSFT M5. The lower boundary is at 513.96, while the upper boundary is at 515.75/515.11. The projected width is 191 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 515.75 is broken, the price is likely to continue upward.

The Triple Bottom pattern has formed on the #MSFT M5 chart. A break above the confirmation resistance at 515.85 may signal a reversal from a downtrend to an uptrend.

The Triple Top reversal pattern has formed on the #MSFT M15 chart. Its upper boundary is at 517.46/519.00, its lower boundary is at 512.74/515.34, and its current width is 404 points. If the confirmation support at 512.74 is broken, that width can be used to project the downward move.

The Triple Top reversal pattern has formed on the #MSFT M5 chart. Its upper boundary is at 517.46/516.74, its lower boundary is at 509.09/512.74, and its current width is 434 points. If the confirmation support at 509.09 is broken, that width can be used to project the downward move.

The Double Top pattern has formed on the #MSFT M5 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 509.09 is likely to confirm further downward movement.