FX.co ★ #GOOG M15: Double Bottom

The Double Bottom pattern has been formed on #GOOG M15; the upper boundary is 167.05; the lower boundary is 166.39. The width of the pattern is 65 points. In case of a break of the upper boundary 167.05, 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.