FX.co ★ USDJPY M15: Double Bottom

The Double Bottom pattern has been formed on USDJPY M15; the upper boundary is 151.03; the lower boundary is 150.26. The width of the pattern is 78 points. In case of a break of the upper boundary 151.03, 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.