FX.co ★ NZDCHF H1: Double Bottom

The Double Bottom pattern has been formed on NZDCHF H1; the upper boundary is 0.4575; the lower boundary is 0.4548. The width of the pattern is 27 points. In case of a break of the upper boundary 0.4575, 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.