FX.co ★ AUDCAD M5: Double Bottom

The Double Bottom pattern has been formed on AUDCAD M5; the upper boundary is 0.9665; the lower boundary is 0.9649. The width of the pattern is 15 points. In case of a break of the upper boundary 0.9665, 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.