FX.co ★ Actual patterns. Technical analysis and trading recommendations
Actual patterns
Double Top
The Double Top reversal pattern has formed on the GBPUSD M30 chart. Its upper boundary is at 1.3548, its lower boundary is at 1.3520, and its width is 28 points. A break below the lower boundary is likely to confirm further downward movement toward 1.3490.
Bullish Pennant
A Bullish Pennant continuation signal has formed on the USDCAD M15 chart. A long position may be considered above the pattern high at 1.3805, with the projected move based on the height of the flagpole.
Double Top
The Double Top reversal pattern has formed on the NZDCHF D1 chart. Its upper boundary is at 0.4796, its lower boundary is at 0.4722, and its width is 74 points. A break below the lower boundary is likely to confirm further downward movement toward 0.4682.
Double Top
The Double Top pattern has formed on the #GOOG M5 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 338.85 is likely to confirm further downward movement.
Double Top
The Double Top reversal pattern has formed on the GBPCHF D1 chart. Its upper boundary is at 1.1005, its lower boundary is at 1.0837, and its width is 168 points. A break below the lower boundary is likely to confirm further downward movement toward 1.0797.