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

The Triple Bottom pattern has formed on the chart of EURNZD D1. The lower boundary is at 1.9509, while the upper boundary is at 1.9851/1.9803. The projected width is 299 points. The formation of the Triple Bottom pattern most likely indicates a change from a downward to an upward trend. If the confirmation resistance at 1.9851 is broken, the price is likely to continue upward.

The Double Top reversal pattern has formed on the #Bitcoin M5 chart. Its upper boundary is at 78861.11, its lower boundary is at 78246.65, and its width is 61446 points. A break below the lower boundary is likely to confirm further downward movement toward 78246.50.

The Double Top reversal pattern has formed on the #Bitcoin M15 chart. Its upper boundary is at 78880.13, its lower boundary is at 77730.35, and its width is 114978 points. A break below the lower boundary is likely to confirm further downward movement toward 77730.13.

The Bullish Symmetrical Triangle pattern has formed on the #Bitcoin M5 chart. This is a trend continuation pattern. Its upper and lower boundaries are at 78805.89 and 78126.66, respectively. The pattern width is 67923 points. If the price breaks above the upper boundary at 78805.89, it is likely to move toward 78429.16.

The Bullish Rectangle has formed on the #Bitcoin M5 chart and indicates a likely continuation of the trend. Its upper boundary is at 78805.89 and its lower boundary is at 78134.88. A long position may be considered after the price breaks above the upper boundary at 78805.89 of the Bullish Rectangle.