FX.co ★ AUDJPY M30: Double Bottom

The Double Bottom pattern has been formed on AUDJPY M30; the upper boundary is 82.45; the lower boundary is 82.03. The width of the pattern is 41 points. In case of a break of the upper boundary 82.45, 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.