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Actual patterns
Triple Top
The Triple Top pattern has formed on the chart of EURUSD M5 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 1.1608 may confirm the bearish scenario. The projected peak-to-trough width is 9 points.
Bullish Symmetrical Triangle
The Bullish Symmetrical Triangle pattern has formed on the EURUSD M5 chart. Its lower boundary passes through 1.1597/1.1607, while its upper boundary passes through 1.1614/1.1607. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, EURUSD is expected to break the upper boundary and move toward 1.1622.
Double Bottom
The Double Bottom pattern has formed on the EURUSD M30 chart. Its upper boundary is at 1.1582, its lower boundary is at 1.1567, and its width is 16 points. A break above the upper boundary at 1.1582 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.
Double Bottom
The Double Bottom pattern has formed on the EURUSD M15 chart. Its upper boundary is at 1.1582, its lower boundary is at 1.1567, and its width is 16 points. A break above the upper boundary at 1.1582 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.
Double Bottom
The Double Bottom pattern has formed on the EURUSD M15 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 1.1677. The projected move is based on the pattern width of 17 points.