FX.co ★ Modèles réels. Analyse technique et recommandations de trading

The Triple Bottom pattern has formed on the chart of the NZDUSD M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 0.5833/0.5831.

The Bullish pennant pattern is formed on the NZDUSD M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 0.5848, a further uptrend is possible.

On the chart of NZDUSD M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.5839; the lower boundary 0.5814; the width of the pattern 25 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.5784 level.

On the chart of NZDUSD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.5839; the lower boundary 0.5814; the width of the pattern 25 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.5792 level.

On the chart of NZDUSD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.5839; the lower boundary 0.5831; the width of the pattern 8 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.5809 level.