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

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2025-03-06T13:19:47
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NZDJPY M5
Triple Bottom
The Triple Bottom pattern has formed on the chart of NZDJPY M5. Features of the pattern: The lower line of the pattern has coordinates 84.88 with the upper limit 84.88/84.81, the projection of the width is 27 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 84.61, the price is most likely to continue the upward movement.
2025-03-05T22:10:56
rise fall
NZDJPY M5
Triple Top
On the chart of the NZDJPY M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 85.14, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 12 points.
2025-03-05T14:00:33
rise fall
NZDJPY M30
Double Top
The Double Top reversal pattern has been formed on NZDJPY M30. Characteristics: the upper boundary 84.98; the lower boundary 84.37; the width of the pattern is 65 points. Sell trades are better to be opened below the lower boundary 84.37 with a possible movements towards the 84.07 level.
2025-03-05T12:25:30
rise fall
NZDJPY M5
Triple Top
The Triple Top pattern has formed on the chart of the NZDJPY M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -2, support level -3, and pattern’s width 17. Forecast If the price breaks through the support level 84.72, it is likely to move further down to 84.75.
2025-03-05T11:55:31
rise fall
NZDJPY M5
Triple Top
On the chart of the NZDJPY M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 84.56, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 32 points.
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