FX.co ★ #PEP M5: Double Bottom

The Double Bottom pattern has been formed on #PEP M5; the upper boundary is 153.30; the lower boundary is 152.73. The width of the pattern is 60 points. In case of a break of the upper boundary 153.30, 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.