FX.co ★ USDJPY M15: Double Bottom

The Double Bottom pattern has been formed on USDJPY M15; the upper boundary is 150.35; the lower boundary is 150.08. The width of the pattern is 28 points. In case of a break of the upper boundary 150.35, 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.