FX.co ★ GBPCHF M15: Double Bottom

The Double Bottom pattern has been formed on GBPCHF M15; the upper boundary is 1.1201; the lower boundary is 1.1187. The width of the pattern is 16 points. In case of a break of the upper boundary 1.1201, 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.