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

The Triple Top pattern has formed on the chart of the GBPJPY M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -1, support level -2, and pattern’s width 26. Forecast If the price breaks through the support level 210.69, it is likely to move further down to 210.86.

The Double Bottom pattern has been formed on NZDCHF M15. Characteristics: the support level 0.4594; the resistance level 0.4607; the width of the pattern 13 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 14 points.

The Double Bottom pattern has been formed on AUDCHF M15; the upper boundary is 0.5347; the lower boundary is 0.5332. The width of the pattern is 15 points. In case of a break of the upper boundary 0.5347, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.

The Double Bottom pattern has been formed on NZDCHF M5; the upper boundary is 0.4602; the lower boundary is 0.4593. The width of the pattern is 8 points. In case of a break of the upper boundary 0.4602, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.

The Double Bottom pattern has been formed on AUDCHF M5; the upper boundary is 0.5347; the lower boundary is 0.5332. The width of the pattern is 15 points. In case of a break of the upper boundary 0.5347, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.