signal strength 1 of 5

The Double Bottom pattern has been formed on #INTC M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 23.28 is broken. The further movements will rely on the width of the current pattern 42 points.
The M5 and M15 time frames may have more false entry points.
See Also
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