FX.co ★ AUDCAD M5: Double Bottom

The Double Bottom pattern has been formed on AUDCAD M5; the upper boundary is 0.9623; the lower boundary is 0.9612. The width of the pattern is 10 points. In case of a break of the upper boundary 0.9623, 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.