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
SILVER M15
Double Top
The Double Top reversal pattern has been formed on SILVER M15. Characteristics: the upper boundary 76.08; the lower boundary 75.22; the width of the pattern is 800 points. Sell trades are better to be opened below the lower boundary 75.22 with a possible movements towards the 75.20 level.
AUDCAD M5
Bullish Flag
The Bullish Flag pattern has been formed on the chart AUDCAD M5 which signals that the upward trend will continue. Signals: а break of the peak at 0.9662 may push the price higher, and the rise will be the projection of the pole.
AUDCAD M5
Bullish pennant
The Bullish pennant signal – Trading instrument AUDCAD M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 0.9662, with the prospect of the next move being a projection of the flagpole height.
AUDJPY M30
Bullish Symmetrical Triangle
According to the chart of M30, AUDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 108.67 and 108.27 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 40 pips. Outlook: If the upper border 108.67 is broken, the price is likely to continue its move by 108.79.
NZDUSD M5
Bearish Rectangle
According to the chart of M5, NZDUSD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.5999, the lower border is 0.5990. The signal means that a short position should be opened after fixing a price below the lower border 0.5990 of the Bearish Rectangle.
NZDCAD M5
Bearish Rectangle
According to the chart of M5, NZDCAD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.8190, the lower border is 0.8181. The signal means that a short position should be opened after fixing a price below the lower border 0.8181 of the Bearish Rectangle.
NZDCHF M15
Double Bottom
The Double Bottom pattern has been formed on NZDCHF M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 0.4624 is broken. The further movements will rely on the width of the current pattern 6 points.
GOLD M5
Double Top
The Double Top reversal pattern has been formed on GOLD M5. Characteristics: the upper boundary 4939.52; the lower boundary 4929.42; the width of the pattern is 990 points. Sell trades are better to be opened below the lower boundary 4929.42 with a possible movements towards the 4929.27 level.
GBPAUD M5
Double Top
The Double Top pattern has been formed on GBPAUD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.9148 is broken, the downward movement will continue.
NZDCAD H1
Double Top
On the chart of NZDCAD H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8248; the lower boundary 0.8216; the width of the pattern 32 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.8176 level.