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实际图案
Bullish Symmetrical Triangle
According to the chart of M5, NZDUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.6061/0.6039 whereas the lower border goes across 0.6016/0.6039. The pattern width is measured on the chart at 45 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.6039 is broken, the price could continue its move toward 0.6054.
Bullish Rectangle
According to the chart of M5, NZDUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.6036 and support 0.6026. In case the resistance level 0.6036 - 0.6036 is broken, the instrument is likely to follow the bullish trend.
Double Top
The Double Top reversal pattern has been formed on NZDUSD M5. Characteristics: the upper boundary 0.6045; the lower boundary 0.6021; the width of the pattern is 25 points. Sell trades are better to be opened below the lower boundary 0.6021 with a possible movements towards the 0.6006 level.
Bearish Rectangle
According to the chart of M5, NZDUSD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.6042, the lower border is 0.6034. The signal means that a short position should be opened after fixing a price below the lower border 0.6034 of the Bearish Rectangle.
Double Bottom
The Double Bottom pattern has been formed on NZDUSD M5. 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 0.6041 is broken. The further movements will rely on the width of the current pattern 7 points.
