FX.co ★ USDCAD M5: Double Bottom

The Double Bottom pattern has been formed on USDCAD M5; the upper boundary is 1.3893; the lower boundary is 1.3885. The width of the pattern is 8 points. In case of a break of the upper boundary 1.3893, 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.