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The Triple Top pattern has formed on the chart of the AUDJPY M15 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -2, support level -26, and pattern’s width 35. Forecast If the price breaks through the support level 110.76, it is likely to move further down to 110.93.

The Double Bottom pattern has been formed on GBPCHF M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 1.0422 is broken. The further movements will rely on the width of the current pattern 12 points.

According to the chart of M5, AUDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 111.00/111.08 whereas the upper border goes across 111.15/111.08. 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 AUDJPY will breach the upper border to head for 111.23.

According to the chart of M5, AUDUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.7082/0.7076 whereas the lower border goes across 0.7070/0.7076. The pattern width is measured on the chart at 12 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.7076 is broken, the price could continue its move toward 0.7091.

The Double Top reversal pattern has been formed on AUDJPY M30. Characteristics: the upper boundary 111.14; the lower boundary 109.87; the width of the pattern is 129 points. Sell trades are better to be opened below the lower boundary 109.87 with a possible movements towards the 109.57 level.