FX.co ★ #NTDOY D1: Double Bottom

The Double Bottom pattern has been formed on #NTDOY D1; the upper boundary is 16.14; the lower boundary is 12.86. The width of the pattern is 312 points. In case of a break of the upper boundary 16.14, 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.