FX.co ★ Modèles réels. Analyse technique et recommandations de trading

The Bullish Flag pattern has been formed on NZDUSD at M5. The lower boundary of the pattern is located at 0.5787/0.5781, while the higher boundary lies at 0.5791/0.5785. The projection of the flagpole is 15 points. This formation signals that the upward trend is most likely to continue. Therefore, if the level of 0.5791 is broken, the price will move further upwards.

The Bullish pennant pattern is formed on the NZDUSD M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 0.5791, a further uptrend is possible.

On the chart of NZDUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.5785; the lower boundary 0.5779; the width of the pattern 6 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.5764 level.

The Bullish pennant graphic pattern has formed on the NZDUSD M5 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 0.5792.

The Double Top reversal pattern has been formed on NZDUSD M15. Characteristics: the upper boundary 0.5775; the lower boundary 0.5767; the width of the pattern is 8 points. Sell trades are better to be opened below the lower boundary 0.5767 with a possible movements towards the 0.5745 level.

The technical pattern called Head and Shoulders has appeared on the chart of NZDUSD M30. There are weighty reasons to suggest that the price will surpass the Neckline 0.5746/0.5746 after the right shoulder has been formed. So, the trend is set to change with the price heading for 0.5716.

According to the chart of M5, NZDUSD formed the Head and Shoulders pattern. The Head’s top is set at 0.5763 while the median line of the Neck is found at 0.5752/0.5753. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of NZDUSD will go towards 0.5738.

According to the chart of M5, NZDUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.5729/0.5735 whereas the upper border goes across 0.5743/0.5735. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of NZDUSD will breach the upper border to head for 0.5750.

According to the chart of M5, NZDUSD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 0.5743, the lower border is 0.5736. The signal means that a long position should be opened above the upper border 0.5743 of the Bullish Rectangle.

The Double Top reversal pattern has been formed on NZDUSD M5. Characteristics: the upper boundary 0.5743; the lower boundary 0.5737; the width of the pattern is 6 points. Sell trades are better to be opened below the lower boundary 0.5737 with a possible movements towards the 0.5722 level.