FX.co ★ AUDUSD M15: Double Bottom

The Double Bottom pattern has been formed on AUDUSD M15; the upper boundary is 0.6373; the lower boundary is 0.6353. The width of the pattern is 20 points. In case of a break of the upper boundary 0.6373, 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.