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

Technical Analysis Patterns
There is nothing more precious to a trader than an ability to predict a further price movement. Technical analysis is a key to your successful transaction. At the same time, you can rely on common and recurring situations that arise in the same circumstances. Our Technical Analysis Patterns section features all trading recommendations based on the technical analysis patterns that help traders make projections and turn a profit.
Instrument:
All
#Bitcoin
EURCHF
EURGBP
EURJPY
EURUSD
EURCAD
EURRUB
EURNZD
USDCAD
USDCHF
USDJPY
USDRUB
NZDCAD
NZDUSD
NZDCHF
NZDJPY
AUDCAD
AUDCHF
AUDJPY
AUDUSD
GBPUSD
GBPJPY
GBPAUD
GBPCHF
GOLD
SILVER
#AAPL
#AMZN
#EBAY
#FB
#GOOG
#MCD
#MA
#KO
#INTC
#MSFT
#NTDOY
#PEP
#TSLA
#TWTR
Figure:
All
Triangle
Rectangle
Pennant
Flag
Head and Shoulders
Double Top
Triple top
Timeframe:
All
M5
M15
M30
H1
D1
Signal strength:
All
High
Medium
Low
Signal direction:
All
Buy
Sell
GBPJPY M5
Double Bottom
The Double Bottom pattern has been formed on GBPJPY M5. Characteristics: the support level 208.94; the resistance level 209.02; the width of the pattern 8 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 8 points.
AUDUSD M5
Bearish Symmetrical Triangle
According to the chart of M5, AUDUSD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.7078 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -13 pips.
AUDCHF M15
Double Top
The Double Top reversal pattern has been formed on AUDCHF M15. Characteristics: the upper boundary 0.5457; the lower boundary 0.5445; the width of the pattern is 11 points. Sell trades are better to be opened below the lower boundary 0.5445 with a possible movements towards the 0.5422 level.
SILVER M5
Triple Top
The Triple Top pattern has formed on the chart of the SILVER M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -65, support level -210, and pattern’s width 700. Forecast If the price breaks through the support level 76.54, it is likely to move further down to 77.28.
AUDUSD M5
Bullish Rectangle
According to the chart of M5, AUDUSD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 0.7096, the lower border is 0.7083. The signal means that a long position should be opened above the upper border 0.7096 of the Bullish Rectangle.
SILVER M5
Triple Top
The Triple Top pattern has formed on the chart of the SILVER M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 80, support level -1790, and pattern’s width 2630. Forecast If the price breaks through the support level 74.75, it is likely to move further down to 77.22.
SILVER M15
Inverse Head and Shoulder
According to the chart of M15, SILVER formed the Inverse Head and Shoulder pattern. The Head’s top is set at 77.24 while the median line of the Neck is found at 74.75/76.54. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of SILVER will go towards 77.26
GBPAUD M5
Bearish Symmetrical Triangle
According to the chart of M5, GBPAUD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.9235 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -17 pips.
NZDCAD M5
Head and Shoulders
The NZDCAD M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.8220, the Neckline and the upward angle are at 0.8213/0.8213. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of NZDCAD will go towards 0.8198.
GBPJPY M5
Bullish Rectangle
According to the chart of M5, GBPJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 208.99 and support 208.85. In case the resistance level 208.99 - 208.99 is broken, the instrument is likely to follow the bullish trend.