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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.
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EURCHF
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Figure:
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Triangle
Rectangle
Pennant
Flag
Head and Shoulders
Double Top
Triple top
Timeframe:
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M5
M15
M30
H1
D1
Signal strength:
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High
Medium
Low
Signal direction:
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Buy
Sell
AUDCHF

AUDCHF M5

Double Bottom
The Double Bottom pattern has been formed on AUDCHF M5; the upper boundary is 0.5942; the lower boundary is 0.5935. The width of the pattern is 8 points. In case of a break of the upper boundary 0.5942, 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.
2024-04-25T14:00:34

AUDCHF M30

Double Top
On the chart of AUDCHF M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.5951; the lower boundary 0.5935; the width of the pattern 16 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.5905 level.
2024-04-24T13:30:05

AUDCHF H1

Double Top
The Double Top pattern has been formed on AUDCHF H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5935 is broken, the downward movement will continue.
2024-04-24T13:00:42

AUDCHF M15

Bullish Rectangle
According to the chart of M15, AUDCHF formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.5950 and support 0.5935. In case the resistance level 0.5950 - 0.5950 is broken, the instrument is likely to follow the bullish trend.
2024-04-24T11:11:24

AUDCHF M5

Bullish Flag
The Bullish Flag pattern has been formed on the chart AUDCHF M5 which signals that the upward trend will continue. Signals: а break of the peak at 0.5910 may push the price higher, and the rise will be the projection of the pole.
2024-04-23T17:00:37

AUDCHF M5

Bullish pennant
The Bullish pennant signal – Trading instrument AUDCHF M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 0.5870, with the prospect of the next move being a projection of the flagpole height.
2024-04-22T01:27:00

AUDCHF M15

Triple Top
The Triple Top pattern has formed on the chart of the AUDCHF M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 0.5819/0.5830 with the upper limit 0.5836/0.5845; the projection of the width is 17 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 0.5819, the price is most likely to continue the downward movement.
2024-04-19T18:45:08

AUDCHF M30

Inverse Head and Shoulder
According to the chart of M30, AUDCHF produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 0.5742 while the median line of the Neck is set at 0.5862/0.5843. The formation of the Inverse Head and Shoulder Pattern clearly indicates a reversal of the downward trend. In means that in case the scenario comes true, the price of AUDCHF will go towards 0.5873.
2024-04-19T18:00:24

AUDCHF M15

Double Top
The Double Top pattern has been formed on AUDCHF M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5819 is broken, the downward movement will continue.
2024-04-19T14:00:19

AUDCHF M5

Bullish Rectangle
According to the chart of M5, AUDCHF formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 0.5819 – 0.5819 and upper border 0.5836 – 0.5836. In case the upper border is broken, the instrument is likely to follow the upward trend.
2024-04-19T11:05:52