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

The Triple Bottom pattern has formed on the chart of NZDCAD M5. The lower boundary is at 0.8015, while the upper boundary is at 0.8026/0.8021. The projected width is 10 points. The formation of the Triple Bottom pattern most likely indicates a change from a downward to an upward trend. If the confirmation resistance at 0.8026 is broken, the price is likely to continue upward.

The Double Bottom pattern has formed on the NZDCAD M15 chart. Its support is at 0.8017, its resistance is at 0.8023, and its width is 6 points. A break above resistance may confirm a trend reversal, with the first target projected 6 points away.

The Bullish Rectangle has formed on the NZDCAD M5 chart. This is a trend continuation pattern bounded by the lower boundary at 0.8037–0.8037 and the upper boundary at 0.8045–0.8045. A breakout above the upper boundary is likely to signal a continuation of the uptrend.

The Triple Bottom pattern has formed on the NZDCAD M15 chart. It has the following characteristics: resistance at 0.8020; support at 0.8012; pattern width of 8 points. If the confirmation resistance at 0.8031 is broken, the price is likely to continue upward by at least 22 points.

The Bearish Symmetrical Triangle pattern has formed on the NZDCAD M5 chart. A break below the lower boundary at 0.8059 is likely to signal a continuation of the downtrend.