NZDCHF M30 Double Bottom

The Double Bottom pattern has been formed on NZDCHF M30; the upper boundary is 0.5127; the lower boundary is 0.5111. The width of the pattern is 16 points. In case of a break of the upper boundary 0.5127, 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.