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The Double Bottom pattern has been formed on EURGBP D1. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 0.8788 is broken. The further movements will rely on the width of the current pattern 177 points.

On the chart of #Bitcoin M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 74228.51; the lower boundary 73888.82; the width of the pattern 33969 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 73888.67 level.

The Double Bottom pattern has been formed on EURGBP D1. Characteristics: the support level 0.8611; the resistance level 0.8788; the width of the pattern 177 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 172 points.

According to the chart of M15, NZDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.4678/0.4670 whereas the lower border goes across 0.4664/0.4670. The pattern width is measured on the chart at 14 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.4670 is broken, the price could continue its move toward 0.4692.

The Double Bottom pattern has been formed on EURCAD M5; the upper boundary is 1.6098; the lower boundary is 1.6083. The width of the pattern is 15 points. In case of a break of the upper boundary 1.6098, 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.