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

According to the chart of M5, NZDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 94.52/94.58 and upper border is 94.67/94.58. The pattern width is measured on the chart at -15 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and NZDJPY breaches the lower border, the price could continue its move toward 94.43.

According to the chart of M5, NZDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 94.84 and 94.73 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 11 pips. Outlook: If the upper border 94.84 is broken, the price is likely to continue its move by 94.94.

According to M30, NZDJPY is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 94.57/94.55 is broken out, the instrument is likely to move toward 94.85.

On the chart of NZDJPY D1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 95.39; the lower boundary 91.00; the width of the pattern 439 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 90.60 level.

The Triple Bottom pattern has formed on the chart of the NZDJPY M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 94.83/94.81.