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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 0.5766/0.5756 whereas the lower border goes across 0.5743/0.5756. The pattern width is measured on the chart at 23 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.5756 is broken, the price could continue its move toward 0.5771.
Head and Shoulders
According to the chart of M5, NZDUSD formed the Head and Shoulders pattern. The Head’s top is set at 0.5766 while the median line of the Neck is found at 0.5753/0.5753. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of NZDUSD will go towards 0.5738.
Triple Bottom
The Triple Bottom pattern has formed on the chart of NZDUSD M5. Features of the pattern: The lower line of the pattern has coordinates 0.5766 with the upper limit 0.5766/0.5758, the projection of the width is 13 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 0.5753, the price is most likely to continue the upward movement.
Triple Top
The Triple Top pattern has formed on the chart of the NZDUSD M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 0.5741/0.5743 with the upper limit 0.5747/0.5747; the projection of the width is 6 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 0.5741, the price is most likely to continue the downward movement.
Bearish Rectangle
According to the chart of M5, NZDUSD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.5734 – 0.5734 and upper border 0.5742 – 0.5742. In case the lower border is broken, the instrument is likely to follow the downward trend.
