2018-06-24 Double Bottom #Bitcoin M15

The Double Bottom pattern has been formed on #Bitcoin M15; the upper boundary is 5883.76; the lower boundary is 5797.17. The width of the pattern is 8775 points. In case of a break of the upper boundary 5883.76, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.

2018-06-23 Bullish pennant #Bitcoin M5

The Bullish pennant pattern is formed on the #Bitcoin M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 6119.29, a further uptrend is possible.

2018-06-22 Double Bottom EURCAD M5

The Double Bottom pattern has been formed on EURCAD M5; the upper boundary is 1.5483; the lower boundary is 1.5467. The width of the pattern is 15 points. In case of a break of the upper boundary 1.5483, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.

2018-06-22 Bearish Symmetrical Triangle EURNZD H1

According to the chart of H1, EURNZD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.6919 is breached. Here, a hypothetical profit will equal the width of the available pattern that is 125 pips.