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

The Bullish Flag pattern has formed on the NZDCAD M5 chart. Its lower boundary passes through 0.7998/0.7994, while its upper boundary passes through 0.8000/0.7996. The projected flagpole height is 13 points. The formation indicates that the uptrend is likely to continue. A break above 0.8000 would confirm further upward movement.

The Bullish Pennant pattern has formed on the NZDCAD M5 chart. This is a continuation pattern. If the price closes above the pennant high at 0.8000, the uptrend is likely to continue.

The Bullish Rectangle has formed on the EURCHF M30 chart. This is a trend continuation pattern bounded by the lower boundary at 0.9260–0.9260 and the upper boundary at 0.9271–0.9271. A breakout above the upper boundary is likely to signal a continuation of the uptrend.

The Triple Top pattern has formed on the chart of EURUSD M30 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 1.1186 may confirm the bearish scenario. The projected peak-to-trough width is 29 points.

The Head and Shoulders pattern has formed on the GBPJPY M5 chart. After the right shoulder forms, a break below the lower of the neckline anchors at 210.88/210.83 may confirm the bearish reversal.