FX.co ★ #GOOG M5: Double Bottom

The Double Bottom pattern has been formed on #GOOG M5; the upper boundary is 169.80; the lower boundary is 167.49. The width of the pattern is 227 points. In case of a break of the upper boundary 169.80, 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.