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

The Double Bottom pattern has formed on the EURNZD D1 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 1.9851. The projected move is based on the pattern width of 355 points.

The Bullish Rectangle has formed on the EURCAD M5 chart. This pattern indicates a likely continuation of the trend. Its resistance is at 1.6091 and its support is at 1.6083. A breakout above the resistance zone at 1.6091–1.6091 is likely to signal a continuation of the bullish trend.

The Bullish Symmetrical Triangle pattern has formed on the AUDUSD M5 chart, signaling a likely continuation of the trend. Its upper boundary passes through 0.7131/0.7127, while its lower boundary passes through 0.7121/0.7127. The pattern width is 10 points. When the Bullish Symmetrical Triangle forms during an uptrend, it indicates that the prevailing trend may continue. A breakout above 0.7127 could send the price toward 0.7142.

The Bullish Rectangle has formed on the AUDUSD M15 chart. This is a trend continuation pattern bounded by the lower boundary at 0.7121–0.7121 and the upper boundary at 0.7131–0.7131. A breakout above the upper boundary is likely to signal a continuation of the uptrend.

The Bearish Rectangle has formed on the EURCHF M15 chart and indicates a likely continuation of the trend. Its resistance zone is at 0.9448–0.9448 and its support zone is at 0.9434–0.9434. A break below support at 0.9434 is likely to signal a continuation of the bearish trend.