FX.co ★ NZDJPY M30: Double Bottom

The Double Bottom pattern has formed on the NZDJPY M30 chart. Its upper boundary is at 89.14, its lower boundary is at 88.91, and its width is 25 points. A break above the upper boundary at 89.14 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.