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Actual patterns
Double Bottom
The Double Bottom pattern has formed on the NZDJPY M5 chart. Its upper boundary is at 91.37, its lower boundary is at 91.23, and its width is 13 points. A break above the upper boundary at 91.37 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.
Double Top
The Double Top reversal pattern has formed on the NZDJPY D1 chart. Its upper boundary is at 95.27, its lower boundary is at 91.63, and its width is 354 points. A short position may be considered below the lower boundary at 91.63, with a potential target at 91.23.
Double Bottom
The Double Bottom pattern has formed on the NZDJPY M30 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 94.49. The projected move is based on the pattern width of 14 points.
Double Top
The Double Top reversal pattern has formed on the NZDJPY M5 chart. Its upper boundary is at 94.49, its lower boundary is at 94.36, and its width is 13 points. A short position may be considered below the lower boundary at 94.36, with a potential target at 94.21.
Double Top
The Double Top reversal pattern has formed on the NZDJPY D1 chart. Its upper boundary is at 95.17, its lower boundary is at 91.63, and its width is 354 points. A break below the lower boundary is likely to confirm further downward movement toward 91.23.