FX.co ★ Actual patterns. Technical analysis and trading recommendations
Actual patterns
Triple Top
The Triple Top pattern has formed on the chart of the NZDUSD M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -1, support level -7, and pattern’s width 12. Forecast If the price breaks through the support level 0.5975, it is likely to move further down to 0.5974.
Double Top
The Double Top pattern has been formed on GBPAUD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.8725 is broken, the downward movement will continue.
Double Top
The Double Top pattern has been formed on NZDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 95.22 is broken, the downward movement will continue.
Double Top
The Double Top pattern has been formed on NZDJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 95.22 is broken, the downward movement will continue.
Double Bottom
The Double Bottom pattern has been formed on #AAPL M5. Characteristics: the support level 310.39; the resistance level 311.97; the width of the pattern 158 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 156 points.
