FX.co ★ NZDUSD M30: Double Bottom

The Double Bottom pattern has been formed on NZDUSD M30; the upper boundary is 0.5940; the lower boundary is 0.5913. The width of the pattern is 27 points. In case of a break of the upper boundary 0.5940, 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.