FX.co ★ Actual patterns. Technical analysis and trading recommendations

The Triple Bottom pattern has been formed on AUDCHF M30. It has the following characteristics: resistance level 0.5257/0.5252; support level 0.5246/0.5242; the width is 11 points. In the event of a breakdown of the resistance level of 0.5257, the price is likely to continue an upward movement at least to 0.5274.

The Triple Top pattern has formed on the chart of the GBPAUD M30. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 2.0226/2.0239 with the upper limit 2.0268/2.0265; the projection of the width is 42 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 2.0226, the price is most likely to continue the downward movement.

The Double Bottom pattern has been formed on NZDCAD M5; the upper boundary is 0.7934; the lower boundary is 0.7929. The width of the pattern is 5 points. In case of a break of the upper boundary 0.7934, 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.

The Double Bottom pattern has been formed on AUDCHF M15; the upper boundary is 0.5250; the lower boundary is 0.5244. The width of the pattern is 5 points. In case of a break of the upper boundary 0.5250, 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.

The Double Top pattern has been formed on GBPAUD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 2.0226 is broken, the downward movement will continue.