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Actual patterns
Double Top
The Double Top reversal pattern has been formed on NZDJPY M5. Characteristics: the upper boundary 92.71; the lower boundary 92.52; the width of the pattern is 18 points. Sell trades are better to be opened below the lower boundary 92.52 with a possible movements towards the 92.37 level.
Double Top
The Double Top pattern has been formed on NZDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 92.39 is broken, the downward movement will continue.
Double Top
On the chart of NZDJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 92.73; the lower boundary 92.65; the width of the pattern 8 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 92.50 level.
Bullish Flag
The Bullish Flag pattern has been formed on the chart NZDJPY M15 which signals that the upward trend will continue. Signals: а break of the peak at 92.74 may push the price higher, and the rise will be the projection of the pole.
Bearish Symmetrical Triangle
According to the chart of M15, NZDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 92.12/92.31 and upper border is 92.58/92.31. The pattern width is measured on the chart at -46 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and NZDJPY breaches the lower border, the price could continue its move toward 92.08.