FX.co ★ Actual patterns. Technical analysis and trading recommendations
Actual patterns
Double Bottom
The Double Bottom pattern has formed on the GOLD M30 chart. Its support is at 4110.39, its resistance is at 4128.54, and its width is 1815 points. A break above resistance may confirm a trend reversal, with the first target projected 1555 points away.
Double Top
The Double Top reversal pattern has formed on the EURNZD M15 chart. Its upper boundary is at 2.0085, its lower boundary is at 2.0071, and its width is 15 points. A short position may be considered below the lower boundary at 2.0071, with a potential target at 2.0048.
Double Top
The Double Top reversal pattern has formed on the EURNZD M5 chart. Its upper boundary is at 2.0086, its lower boundary is at 2.0071, and its width is 15 points. A break below the lower boundary is likely to confirm further downward movement toward 2.0056.
Bullish Symmetrical Triangle
The Bullish Symmetrical Triangle pattern has formed on the NZDJPY M15 chart. Its lower boundary passes through 88.59/89.06, while its upper boundary passes through 89.48/89.06. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, NZDJPY is expected to break the upper boundary and move toward 89.29.
Triple Bottom
The Triple Bottom pattern has formed on the GOLD M15 chart. A break above the confirmation resistance at 4147.57 may signal a reversal from a downtrend to an uptrend.