FX.co ★ USDJPY M5: Double Bottom

The Double Bottom pattern has been formed on USDJPY M5; the upper boundary is 159.01; the lower boundary is 158.84. The width of the pattern is 16 points. In case of a break of the upper boundary 159.01, 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.