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

The Bullish Flag pattern has formed on the NZDJPY M15 chart. Its lower boundary passes through 88.94/88.86, while its upper boundary passes through 89.02/88.94. The projected flagpole height is 44 points. The formation indicates that the uptrend is likely to continue. A break above 89.02 would confirm further upward movement.

The Bullish Pennant pattern has formed on the NZDJPY M15 chart. This is a continuation pattern. If the price closes above the pennant high at 89.02, the uptrend is likely to continue.

The Bearish Symmetrical Triangle pattern has formed on the NZDJPY M5 chart. A break below the lower boundary at 88.58 would signal a likely continuation of the downtrend. The projected move corresponds to the pattern width of 8 points.

The Triple Bottom pattern has formed on the chart of NZDJPY M5. The lower boundary is at 88.59, while the upper boundary is at 88.68/88.66. 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 88.68 is broken, the price is likely to continue upward.

The Triple Bottom pattern has formed on the chart of NZDJPY M5. The lower boundary is at 88.69, while the upper boundary is at 88.86/88.80. The projected width is 17 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 88.86 is broken, the price is likely to continue upward.