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

The Double Top pattern has been formed on #NTDOY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 13.97 is broken, the downward movement will continue.

The Triple Bottom pattern has been formed on #NTDOY D1. It has the following characteristics: resistance level 14.62/14.10; support level 13.44/13.60; the width is 118 points. In the event of a breakdown of the resistance level of 14.62, the price is likely to continue an upward movement at least to 13.96.

According to the chart of M5, #NTDOY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 14.25 and 14.04 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 21 pips. Outlook: If the upper border 14.25 is broken, the price is likely to continue its move by 14.31.

The Bullish pennant pattern is formed on the #NTDOY M30 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 14.49, a further uptrend is possible.

According to the chart of M5, #NTDOY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 14.25 and 14.04 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 21 pips. Outlook: If the upper border 14.25 is broken, the price is likely to continue its move by 14.30.