FX.co ★ NZDCHF H1: Double Bottom

The Double Bottom pattern has been formed on NZDCHF H1; the upper boundary is 0.4643; the lower boundary is 0.4628. The width of the pattern is 15 points. In case of a break of the upper boundary 0.4643, 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.