FX.co ★ EURCHF H1: Double Bottom

The Double Bottom pattern has been formed on EURCHF H1; the upper boundary is 0.9545; the lower boundary is 0.9527. The width of the pattern is 17 points. In case of a break of the upper boundary 0.9545, 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.