FX.co ★ AUDUSD M30: Double Bottom

The Double Bottom pattern has been formed on AUDUSD M30; the upper boundary is 0.6429; the lower boundary is 0.6410. The width of the pattern is 20 points. In case of a break of the upper boundary 0.6429, 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.