FX.co ★ NZDUSD M15: Double Bottom

The Double Bottom pattern has been formed on NZDUSD M15; the upper boundary is 0.6168; the lower boundary is 0.6156. The width of the pattern is 11 points. In case of a break of the upper boundary 0.6168, 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.