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Actual patterns
Double Bottom
The Double Bottom pattern has formed on the GBPAUD M5 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 1.8914. The projected move is based on the pattern width of 13 points.
Head and Shoulders
The Head and Shoulders pattern has formed on the USDCHF M5 chart. The head high is at 0.8348, while the neckline passes through 0.8327/0.8331. The pattern may reverse the current uptrend. A break below the lower neckline anchor may confirm the bearish reversal.
Bullish Symmetrical Triangle
The Bullish Symmetrical Triangle pattern has formed on the EURCHF M15 chart. This is a trend continuation pattern. Its upper and lower boundaries are at 0.9469 and 0.9451, respectively. The pattern width is 18 points. If the price breaks above the upper boundary at 0.9469, it is likely to move toward 0.9482.
Double Bottom
The Double Bottom pattern has formed on the EURJPY M5 chart. Its support is at 178.36, its resistance is at 178.75, and its width is 39 points. A break above resistance may confirm a trend reversal, with the first target projected 41 points away.
Double Top
The Double Top pattern has formed on the USDCHF M5 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 0.8342 is likely to confirm further downward movement.