FX.co ★ EURCHF M5: Double Bottom

The Double Bottom pattern has formed on the EURCHF M5 chart. Its upper boundary is at 0.9398, its lower boundary is at 0.9382, and its width is 15 points. A break above the upper boundary at 0.9398 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.