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

The Triple Top pattern has formed on the chart of #Bitcoin M30 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 77114.13 may confirm the bearish scenario. The projected peak-to-trough width is 35408 points.

The Triple Bottom pattern has formed on the EURNZD D1 chart. A break above the confirmation resistance at 1.9851 may signal a reversal from a downtrend to an uptrend.

The Bullish Rectangle has formed on the #Bitcoin M5 chart. This pattern indicates a likely continuation of the trend. Its resistance is at 77443.98 and its support is at 77270.53. A breakout above the resistance zone at 77443.98–77443.98 is likely to signal a continuation of the bullish trend.

The Double Top pattern has formed on the GBPAUD M5 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 1.9042 is likely to confirm further downward movement.

The Double Bottom pattern has formed on the #FB M15 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 626.32. The projected move is based on the pattern width of 1622 points.