FX.co ★ #FB M5: Double Bottom

The Double Bottom pattern has been formed on #FB M5; the upper boundary is 611.24; the lower boundary is 600.09. The width of the pattern is 1124 points. In case of a break of the upper boundary 611.24, 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.