FX.co ★ #KO M5: Double Bottom

The Double Bottom pattern has been formed on #KO M5; the upper boundary is 62.56; the lower boundary is 62.29. The width of the pattern is 25 points. In case of a break of the upper boundary 62.56, 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.