FX.co ★ Actual patterns. Technical analysis and trading recommendations
Actual patterns
Double Top
The Double Top reversal pattern has formed on the NZDCHF M15 chart. Its upper boundary is at 0.4702, its lower boundary is at 0.4696, and its width is 6 points. A break below the lower boundary is likely to confirm further downward movement toward 0.4674.
Double Top
The Double Top pattern has formed on the NZDCHF M15 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 0.4675 is likely to confirm further downward movement.
Double Bottom
The Double Bottom pattern has formed on the NZDCHF M5 chart. Its support is at 0.4658, its resistance is at 0.4662, and its width is 4 points. A break above resistance may confirm a trend reversal, with the first target projected 4 points away.
Double Top
The Double Top reversal pattern has formed on the NZDCHF H1 chart. Its upper boundary is at 0.4682, its lower boundary is at 0.4673, and its width is 9 points. A break below the lower boundary is likely to confirm further downward movement toward 0.4633.
Bullish Pennant
The Bullish Pennant pattern has formed on the NZDCHF M30 chart. This is a continuation pattern. If the price closes above the pennant high at 0.4678, the uptrend is likely to continue.