FX.co ★ EURCHF M5: Double Bottom

The Double Bottom pattern has been formed on EURCHF M5; the upper boundary is 0.9646; the lower boundary is 0.9635. The width of the pattern is 12 points. In case of a break of the upper boundary 0.9646, 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.