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

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

GBPAUD M15

Double Bottom
The Double Bottom pattern has been formed on GBPAUD M15; the upper boundary is 1.7678; the lower boundary is 1.7597. The width of the pattern is 77 points. In case of a break of the upper boundary 1.7678, 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.
2021-01-15T18:00:05

AUDJPY M5

Double Top
The Double Top reversal pattern has been formed on AUDJPY M5. Characteristics: the upper boundary 80.10; the lower boundary 79.66; the width of the pattern is 45 points. Sell trades are better to be opened below the lower boundary 79.66 with a possible movements towards the 79.51 level.
2021-01-15T17:55:35

EURUSD M5

Double Bottom
The Double Bottom pattern has been formed on EURUSD M5; the upper boundary is 1.2100; the lower boundary is 1.2087. The width of the pattern is 13 points. In case of a break of the upper boundary 1.2100, 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.
2021-01-15T17:55:12

GBPAUD M5

Triple Bottom
The Triple Bottom pattern has formed on the chart of GBPAUD M5. Features of the pattern: The lower line of the pattern has coordinates 1.7616 with the upper limit 1.7616/1.7609, the projection of the width is 15 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 1.7601, the price is most likely to continue the upward movement.
2021-01-15T17:50:25

#TWTR M5

Bearish Symmetrical Triangle
According to the chart of M5, #TWTR formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 45.11 is likely to encourage a continuation of the downward trend.
2021-01-15T17:50:16

#NTDOY M5

Bearish Rectangle
According to the chart of M5, #NTDOY formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 78.84, the lower border is 78.62. The signal means that a short position should be opened after fixing a price below the lower border 78.62 of the Bearish Rectangle.
2021-01-15T17:12:33

EURGBP M5

Double Bottom
The Double Bottom pattern has been formed on EURGBP M5. 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 0.8905 is broken. The further movements will rely on the width of the current pattern 15 points.
2021-01-15T17:05:31

#TSLA M5

Bearish Rectangle
According to the chart of M5, #TSLA formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 845.59 - 0.00 and support 834.75 – 834.75. In case the resistance level 834.75 - 834.75 is broken, the instrument is likely to follow the bearish trend.
2021-01-15T16:50:18

#TWTR M30

Double Bottom
The Double Bottom pattern has been formed on #TWTR M30. Characteristics: the support level 45.13; the resistance level 48.39; the width of the pattern 326 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 328 points.
2021-01-15T16:30:08

GBPJPY M5

Double Bottom
The Double Bottom pattern has been formed on GBPJPY M5; the upper boundary is 141.11; the lower boundary is 140.94. The width of the pattern is 18 points. In case of a break of the upper boundary 141.11, 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.
2021-01-15T16:30:08