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

The Inverse Head and Shoulders pattern has formed on the EURUSD H1 chart. A break above the higher of the neckline anchors at 1.1217/1.1204 may confirm the bullish reversal.

The Double Bottom pattern has formed on the #Bitcoin M5 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 83362.07. The projected move is based on the pattern width of 38952 points.

The Triple Top reversal pattern has formed on the #Bitcoin M5 chart. Its upper boundary is at 83081.96/83080.19, its lower boundary is at 82952.97/82967.40, and its current width is 10693 points. If the confirmation support at 82952.97 is broken, that width can be used to project the downward move.

The Bullish Rectangle has formed on the #Bitcoin M5 chart. This pattern indicates a likely continuation of the trend. Its resistance is at 83081.96 and its support is at 82952.97. A breakout above the resistance zone at 83081.96–83081.96 is likely to signal a continuation of the bullish trend.

The Double Top reversal pattern has formed on the #Bitcoin M5 chart. Its upper boundary is at 83081.96, its lower boundary is at 82952.97, and its width is 12136 points. A short position may be considered below the lower boundary at 82952.97, with a potential target at 82952.82.