FX.co ★ #MA H1: Double Bottom

The Double Bottom pattern has been formed on #MA H1; the upper boundary is 549.55; the lower boundary is 538.68. The width of the pattern is 1143 points. In case of a break of the upper boundary 549.55, 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.