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

According to the chart of M5, NZDCHF formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 0.4736, the lower border is 0.4732. The signal means that a long position should be opened above the upper border 0.4736 of the Bullish Rectangle.

According to the chart of H1, NZDCAD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8235 and support 0.8214. In case the resistance level 0.8235 - 0.8235 is broken, the instrument is likely to follow the bullish trend.

According to the chart of M30, NZDCAD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.8235 and 0.8211 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 24 pips. Outlook: If the upper border 0.8235 is broken, the price is likely to continue its move by 0.8254.

According to the chart of M15, NZDCAD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.8235 and 0.8210 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 25 pips. Outlook: If the upper border 0.8235 is broken, the price is likely to continue its move by 0.8245.

The Double Bottom pattern has been formed on GOLD M5. Characteristics: the support level 4073.00; the resistance level 4082.75; the width of the pattern 975 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 1041 points.