FX.co ★ NZDJPY M15: Double Bottom

The Double Bottom pattern has been formed on NZDJPY M15; the upper boundary is 90.40; the lower boundary is 90.31. The width of the pattern is 9 points. In case of a break of the upper boundary 90.40, 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.