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

The Double Top pattern has formed on the NZDCHF D1 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 0.4722 is likely to confirm further downward movement.

The Bullish Rectangle has formed on the EURNZD M15 chart. This pattern indicates a likely continuation of the trend. Its resistance is at 1.9645 and its support is at 1.9623. A breakout above the resistance zone at 1.9645–1.9645 is likely to signal a continuation of the bullish trend.

The Double Bottom pattern has formed on the #AMZN M5 chart. Its upper boundary is at 260.32, its lower boundary is at 259.69, and its width is 66 points. A break above the upper boundary at 260.32 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.

The Triple Top pattern has formed on the chart of #NTDOY M5 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 13.85 may confirm the bearish scenario. The projected peak-to-trough width is 8 points.

The Bullish Symmetrical Triangle pattern has formed on the #Bitcoin M30 chart. Its lower boundary passes through 76610.59/78267.33, while its upper boundary passes through 79382.99/78267.33. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, #Bitcoin is expected to break the upper boundary and move toward 78267.63.