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

The Bearish Symmetrical Triangle pattern has formed on the #Bitcoin M5 chart. Its lower boundary passes through 84524.29/84595.54, while its upper boundary passes through 84697.02/84595.54. The pattern width is 17273 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If #Bitcoin breaks below the lower boundary, the price could move toward 84595.39.

The Double Bottom pattern has formed on the #Bitcoin M5 chart. Its support is at 84522.07, its resistance is at 84727.28, and its width is 20521 points. A break above resistance may confirm a trend reversal, with the first target projected 20299 points away.

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 84231.47 may confirm the bearish scenario. The projected peak-to-trough width is 8291 points.

The Triple Top pattern has formed on the chart of GBPCHF M15 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 1.0962 may confirm the bearish scenario. The projected peak-to-trough width is 11 points.

The Bullish Pennant pattern has formed on the GBPJPY M5 chart. This is a trend continuation pattern. If the price breaks above the pattern high at 209.08, the uptrend is expected to continue toward 209.23.