FX.co ★ NZDCHF M30: Double Bottom

The Double Bottom pattern has been formed on NZDCHF M30; the upper boundary is 0.4706; the lower boundary is 0.4700. The width of the pattern is 6 points. In case of a break of the upper boundary 0.4706, 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.