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
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AUDCAD
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#AAPL
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#PEP
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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
#PEP
#PEP M5
Double Bottom
The Double Bottom pattern has been formed on #PEP 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 146.51 is broken. The further movements will rely on the width of the current pattern 39 points.
#PEP M5
Triple Bottom
The Triple Bottom pattern has formed on the chart of the #PEP M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 147.44/147.33.
#PEP M5
Bearish Rectangle
According to the chart of M5, #PEP formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 146.70 – 146.70 and upper border 147.44 – 147.44. In case the lower border is broken, the instrument is likely to follow the downward trend.
#PEP M5
Bearish pennant
The Bearish pennant pattern has formed on the #PEP M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 147.72, a trader will be able to successfully enter the sell position.
#PEP M15
Double Top
On the chart of #PEP M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 149.80; the lower boundary 148.50; the width of the pattern 130 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 148.27 level.
#PEP M5
Triple Top
On the chart of the #PEP M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 148.50, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 124 points.
#PEP M5
Triple Bottom
The Triple Bottom pattern has formed on the chart of the #PEP M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 145.96/145.38.
#PEP M5
Double Bottom
The Double Bottom pattern has been formed on #PEP M5. Characteristics: the support level 144.93; the resistance level 145.96; the width of the pattern 103 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 106 points.
#PEP M5
Double Bottom
The Double Bottom pattern has been formed on #PEP M5. Characteristics: the support level 143.93; the resistance level 144.86; the width of the pattern 93 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 96 points.
#PEP M5
Double Top
On the chart of #PEP M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 145.37; the lower boundary 144.80; the width of the pattern 57 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 144.65 level.