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

The Double Top pattern has formed on the #MA H1 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 595.32 is likely to confirm further downward movement.

The Triple Top pattern has formed on the chart of #MA M5 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 595.54 may confirm the bearish scenario. The projected peak-to-trough width is 132 points.

A Bullish Pennant continuation signal has formed on the #MA M5 chart. A long position may be considered above the pattern high at 598.32, with the projected move based on the height of the flagpole.

The Bullish Pennant pattern has formed on the #MA H1 chart. This is a continuation pattern. If the price closes above the pennant high at 582.22, the uptrend is likely to continue.

The Bullish Pennant pattern has formed on the #MA H1 chart. This is a trend continuation pattern. If the price breaks above the pattern high at 582.22, the uptrend is expected to continue toward 582.62.