FX.co ★ GBPAUD M5: Double Bottom

The Double Bottom pattern has been formed on GBPAUD M5; the upper boundary is 2.0852; the lower boundary is 2.0820. The width of the pattern is 34 points. In case of a break of the upper boundary 2.0852, 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.