FX.co ★ AUDCAD M30: Double Bottom

The Double Bottom pattern has formed on the AUDCAD M30 chart. Its upper boundary is at 0.9834, its lower boundary is at 0.9825, and its width is 8 points. A break above the upper boundary at 0.9834 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.