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

According to the chart of M5, #NTDOY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 14.25 and 14.04 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 21 pips. Outlook: If the upper border 14.25 is broken, the price is likely to continue its move by 14.31.

The Bullish pennant pattern is formed on the #NTDOY M30 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 14.49, a further uptrend is possible.

According to the chart of M5, #NTDOY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 14.25 and 14.04 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 21 pips. Outlook: If the upper border 14.25 is broken, the price is likely to continue its move by 14.30.

The Bullish pennant graphic pattern has formed on the #NTDOY M15 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 14.31.

The Double Bottom pattern has been formed on #NTDOY M5. Characteristics: the support level 13.70; the resistance level 13.79; the width of the pattern 9 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 9 points.