FX.co ★ GBPAUD M5: Double Bottom

The Double Bottom pattern has been formed on GBPAUD M5; the upper boundary is 2.0138; the lower boundary is 2.0125. The width of the pattern is 14 points. In case of a break of the upper boundary 2.0138, 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.