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

The Bullish Symmetrical Triangle pattern has formed on the #MA M5 chart, signaling a likely continuation of the trend. Its upper boundary passes through 578.80/575.49, while its lower boundary passes through 573.16/575.49. The pattern width is 564 points. When the Bullish Symmetrical Triangle forms during an uptrend, it indicates that the prevailing trend may continue. A breakout above 575.49 could send the price toward 575.64.

The Bullish Pennant pattern has formed on the #MA M15 chart. This is a trend continuation pattern. If the price breaks above the pattern high at 579.37, the uptrend is expected to continue toward 579.60.

A Bullish Pennant continuation signal has formed on the #MA M5 chart. A long position may be considered above the pattern high at 578.80, with the projected move based on the height of the flagpole.

The Triple Bottom pattern has formed on the chart of #MA M15. The lower boundary is at 563.50, while the upper boundary is at 566.22/565.00. The projected width is 269 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 566.22 is broken, the price is likely to continue upward.

The Double Bottom pattern has formed on the #MA M15 chart. Its upper boundary is at 566.22, its lower boundary is at 563.53, and its width is 279 points. A break above the upper boundary at 566.22 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.