FX.co ★ AUDCAD M15: Double Bottom

The Double Bottom pattern has been formed on AUDCAD M15; the upper boundary is 0.8877; the lower boundary is 0.8869. The width of the pattern is 8 points. In case of a break of the upper boundary 0.8877, 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.