FX.co ★ NZDJPY M15: Double Bottom

The Double Bottom pattern has been formed on NZDJPY M15; the upper boundary is 91.64; the lower boundary is 91.15. The width of the pattern is 50 points. In case of a break of the upper boundary 91.64, 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.