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

The Triple Bottom pattern has been formed on EURNZD D1. It has the following characteristics: resistance level 1.9851/1.9803; support level 1.9496/1.9509; the width is 355 points. In the event of a breakdown of the resistance level of 1.9851, the price is likely to continue an upward movement at least to 1.9592.

On the chart of #Bitcoin M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 64351.11; the lower boundary 63399.31; the width of the pattern 95180 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 63399.01 level.

On the chart of #Bitcoin H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 64351.11; the lower boundary 63399.31; the width of the pattern 95180 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 63398.91 level.

The Triple Bottom pattern has formed on the chart of EURNZD D1. Features of the pattern: The lower line of the pattern has coordinates 1.9851 with the upper limit 1.9851/1.9803, the projection of the width is 355 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 1.9496, the price is most likely to continue the upward movement.

On the chart of #Bitcoin M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 63884.29; the lower boundary 63776.11; the width of the pattern 10818 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 63775.96 level.