FX.co ★ GBPAUD M5: Double Bottom

The Double Bottom pattern has been formed on GBPAUD M5; the upper boundary is 1.9436; the lower boundary is 1.9409. The width of the pattern is 26 points. In case of a break of the upper boundary 1.9436, 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.