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The Double Top pattern has been formed on #TSLA M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 406.34 is broken, the downward movement will continue.

On the chart of NZDUSD M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.5687; the lower boundary 0.5663; the width of the pattern 24 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.5633 level.

According to the chart of M5, NZDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 87.92/87.86 whereas the lower border goes across 87.78/87.86. The pattern width is measured on the chart at 14 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 87.86 is broken, the price could continue its move toward 88.01.

The NZDUSD M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.5687, the Neckline and the upward angle are at 0.5676/0.5677. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of NZDUSD will go towards 0.5662.

On the chart of NZDJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 87.91; the lower boundary 87.79; the width of the pattern 12 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 87.64 level.