FX.co ★ NZDUSD M30: Double Bottom

The Double Bottom pattern has been formed on NZDUSD M30; the upper boundary is 0.6034; the lower boundary is 0.6022. The width of the pattern is 13 points. In case of a break of the upper boundary 0.6034, 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.