Yes I am quite familiar with chart patterns. One of the things I have noticed in Forex, as opposed to stocks, is that patterns are less common and often do not predict the same moves that they do in stocks. I have seen more perfectly formed pennants signal reversals than continuations.. This is unheard of in stocks. A pennant means keeps going up.. I've seen nicely formed.. not perfectly formed.. ascending triangles turn into reversals.
I don't deny what you're seeing but don't be surprised if it doesn't pan out how you see it.
News 
Market Data 
Discover 
