EURNZD M5 Double Bottom

The Double Bottom pattern has been formed on EURNZD M5; the upper boundary is 1.7938; the lower boundary is 1.7922. The width of the pattern is 16 points. In case of a break of the upper boundary 1.7938, 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.