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The Double Bottom pattern has been formed on NZDJPY M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 87.54 is broken. The further movements will rely on the width of the current pattern 11 points.

The Double Bottom pattern has been formed on NZDJPY M5. Characteristics: the support level 87.53; the resistance level 87.71; the width of the pattern 18 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 18 points.

On the chart of NZDJPY H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 87.99; the lower boundary 87.87; the width of the pattern 12 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 87.47 level.

According to the chart of M5, NZDJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 87.92, the lower border is 87.80. The signal means that a long position should be opened above the upper border 87.92 of the Bullish Rectangle.

The Double Bottom pattern has been formed on NZDJPY M5. Characteristics: the support level 87.33; the resistance level 87.46; the width of the pattern 13 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 14 points.