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

The Double Bottom pattern has formed on the NZDJPY M5 chart. Its support is at 94.80, its resistance is at 94.86, and its width is 6 points. A break above resistance may confirm a trend reversal, with the first target projected 6 points away.

The Double Top reversal pattern has formed on the NZDJPY M30 chart. Its upper boundary is at 95.01, its lower boundary is at 94.69, and its width is 33 points. A short position may be considered below the lower boundary at 94.69, with a potential target at 94.39.

The Bearish Rectangle has formed on the NZDJPY M15 chart. This is a trend continuation pattern bounded by the lower boundary at 94.69–94.69 and the upper boundary at 94.81–94.81. A breakout below the lower boundary is likely to signal a continuation of the downtrend.

The Double Top pattern has formed on the NZDJPY M15 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 94.89 is likely to confirm further downward movement.

The Triple Top reversal pattern has formed on the NZDJPY M15 chart. Its upper boundary is at 94.43/94.39, its lower boundary is at 94.18/94.26, and its current width is 10 points. If the confirmation support at 94.18 is broken, that width can be used to project the downward move.