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Actual patterns
Bullish Symmetrical Triangle
According to the chart of M5, NZDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 93.77/93.85 whereas the upper border goes across 93.92/93.85. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of NZDJPY will breach the upper border to head for 94.00.
Bullish Rectangle
According to the chart of M5, AUDJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 114.14, the lower border is 113.97. The signal means that a long position should be opened above the upper border 114.14 of the Bullish Rectangle.
Bullish Rectangle
According to the chart of H1, GBPJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 215.87, the lower border is 215.09. The signal means that a long position should be opened above the upper border 215.87 of the Bullish Rectangle.
Head and Shoulders
According to the chart of M15, GBPUSD formed the Head and Shoulders pattern. The Head’s top is set at 1.3593 while the median line of the Neck is found at 1.3560/1.3565. 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 GBPUSD will go towards 1.3542.
Double Top
The Double Top reversal pattern has been formed on GBPCHF D1. Characteristics: the upper boundary 1.0620; the lower boundary 1.0516; the width of the pattern is 111 points. Sell trades are better to be opened below the lower boundary 1.0516 with a possible movements towards the 1.0476 level.