FX.co ★ NZDJPY M5: Double Bottom

The Double Bottom pattern has formed on the NZDJPY M5 chart. Its upper boundary is at 91.37, its lower boundary is at 91.23, and its width is 13 points. A break above the upper boundary at 91.37 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.