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:
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#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
#GOOG
#GOOG M5
Double Top
The Double Top pattern has been formed on #GOOG M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 371.59 is broken, the downward movement will continue.
#GOOG H1
Double Top
The Double Top pattern has been formed on #GOOG H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 343.54 is broken, the downward movement will continue.
#GOOG M15
Double Bottom
The Double Bottom pattern has been formed on #GOOG 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 347.29 is broken. The further movements will rely on the width of the current pattern 353 points.
#GOOG M5
Triple Bottom
The Triple Bottom pattern has been formed on #GOOG M5. It has the following characteristics: resistance level 346.75/345.77; support level 343.95/343.95; the width is 280 points. In the event of a breakdown of the resistance level of 346.75, the price is likely to continue an upward movement at least to 343.91.
#GOOG M5
Double Bottom
The Double Bottom pattern has been formed on #GOOG 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 346.75 is broken. The further movements will rely on the width of the current pattern 280 points.
#GOOG M5
Bearish pennant
The Bearish pennant pattern has formed on the #GOOG M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 343.89 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.
#GOOG M5
Double Bottom
The Double Bottom pattern has been formed on #GOOG 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 355.26 is broken. The further movements will rely on the width of the current pattern 164 points.
#GOOG M5
Double Bottom
The Double Bottom pattern has been formed on #GOOG M5. Characteristics: the support level 353.62; the resistance level 355.26; the width of the pattern 164 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 160 points.
#GOOG M5
Double Top
On the chart of #GOOG M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 369.73; the lower boundary 367.67; the width of the pattern 206 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 367.52 level.
#GOOG M5
Triple Top
The Triple Top pattern has formed on the chart of the #GOOG M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -41, support level -107, and pattern’s width 216. Forecast If the price breaks through the support level 367.08, it is likely to move further down to 369.41.