FX.co ★ Actual patterns. Technical analysis and trading recommendations
Actual patterns
Triple Bottom
The Triple Bottom pattern has formed on the chart of EURNZD D1. The lower boundary is at 1.9509, while the upper boundary is at 1.9851/1.9803. The projected width is 299 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 1.9851 is broken, the price is likely to continue upward.
Triple Bottom
The Triple Bottom pattern has formed on the chart of EURNZD M5. The lower boundary is at 1.9660, while the upper boundary is at 1.9668/1.9667. The projected width is 9 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 1.9668 is broken, the price is likely to continue upward.
Bearish Rectangle
The Bearish Rectangle has formed on the EURNZD M5 chart. This is a trend continuation pattern bounded by the lower boundary at 1.9658–1.9658 and the upper boundary at 1.9668–1.9668. A breakout below the lower boundary is likely to signal a continuation of the downtrend.
Triple Bottom
The Triple Bottom pattern has formed on the EURNZD D1 chart. It has the following characteristics: resistance at 1.9803; support at 1.9509; pattern width of 294 points. If the confirmation resistance at 1.9851 is broken, the price is likely to continue upward by at least 299 points.
Triple Bottom
The Triple Bottom pattern has formed on the EURNZD D1 chart. It has the following characteristics: resistance at 1.9803; support at 1.9509; pattern width of 294 points. If the confirmation resistance at 1.9851 is broken, the price is likely to continue upward by at least 299 points.
