FX.co ★ NZDCAD M5: Double Bottom

The Double Bottom pattern has been formed on NZDCAD M5; the upper boundary is 0.8086; the lower boundary is 0.8068. The width of the pattern is 17 points. In case of a break of the upper boundary 0.8086, 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.