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Actual patterns
Triple Top
The Triple Top pattern has formed on the chart of the GBPUSD M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 1.3352/1.3356 with the upper limit 1.3381/1.3377; the projection of the width is 29 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 1.3352, the price is most likely to continue the downward movement.
Double Top
On the chart of #MSFT M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 390.55; the lower boundary 387.77; the width of the pattern 278 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 387.62 level.
Bullish pennant
The Bullish pennant pattern is formed on the #PEP M15 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 144.11, a further uptrend is possible.
Bullish Rectangle
According to the chart of M5, GBPJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 215.33 and support 215.09. In case the resistance level 215.33 - 215.33 is broken, the instrument is likely to follow the bullish trend.
Bullish Rectangle
According to the chart of M5, GOLD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 4143.54 and support 4108.90. In case the resistance level 4143.54 - 4143.54 is broken, the instrument is likely to follow the bullish trend.