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

The Triple Top pattern has formed on the chart of #Bitcoin M5 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 81561.32 may confirm the bearish scenario. The projected peak-to-trough width is 11627 points.

The Triple Top pattern has formed on the chart of #Bitcoin M5 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 81349.35 may confirm the bearish scenario. The projected peak-to-trough width is 22349 points.

The Double Top reversal pattern has formed on the #Bitcoin M5 chart. Its upper boundary is at 81815.77, its lower boundary is at 80919.59, and its width is 86522 points. A short position may be considered below the lower boundary at 80919.59, with a potential target at 80919.44.

The Bearish Rectangle has formed on the AUDUSD M5 chart and indicates a likely continuation of the trend. Its upper boundary is at 0.6948 and its lower boundary is at 0.6937. A short position may be considered once the price closes below the lower boundary at 0.6937 of the Bearish Rectangle.

The Double Bottom pattern has formed on the #FB M5 chart. Its support is at 702.84, its resistance is at 706.83, and its width is 399 points. A break above resistance may confirm a trend reversal, with the first target projected 398 points away.