FX.co ★ EURGBP M30: Double Bottom

The Double Bottom pattern has been formed on EURGBP M30; the upper boundary is 0.8414; the lower boundary is 0.8407. The width of the pattern is 7 points. In case of a break of the upper boundary 0.8414, 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.