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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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#TWTR
Figure:
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Triangle
Rectangle
Pennant
Flag
Head and Shoulders
Double Top
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Timeframe:
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M5
M15
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H1
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Signal strength:
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Signal direction:
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Buy
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#TWTR

#TWTR M5

Bullish Symmetrical Triangle
According to the chart of M5, #TWTR formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 44.10/44.32 whereas the upper border goes across 44.61/44.32. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of #TWTR will breach the upper border to head for 44.47.
2022-08-12T16:11:21

#TWTR M15

Bullish Rectangle
According to the chart of M15, #TWTR formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 44.66, the lower border is 43.81. The signal means that a long position should be opened above the upper border 44.66 of the Bullish Rectangle.
2022-08-11T16:30:50

#TWTR M30

Bullish pennant
The Bullish pennant signal – Trading instrument #TWTR M30, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 44.64, with the prospect of the next move being a projection of the flagpole height.
2022-08-10T19:00:16

#TWTR M15

Bullish pennant
The Bullish pennant pattern is formed on the #TWTR M15 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 44.69, a further uptrend is possible.
2022-08-10T16:00:26

#TWTR M5

Double Bottom
The Double Bottom pattern has been formed on #TWTR 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 43.19 is broken. The further movements will rely on the width of the current pattern 34 points.
2022-08-08T19:30:22

#TWTR M30

Bullish pennant
The Bullish pennant pattern is formed on the #TWTR M30 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 43.54, a further uptrend is possible.
2022-08-08T18:00:32

#TWTR H1

Bullish pennant
The Bullish pennant pattern is formed on the #TWTR H1 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 43.54, a further uptrend is possible.
2022-08-08T17:51:38

#TWTR M5

Bullish Rectangle
According to the chart of M5, #TWTR formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 40.98 – 40.98 and upper border 41.22 – 41.22. In case the upper border is broken, the instrument is likely to follow the upward trend.
2022-08-04T18:26:14

#TWTR M5

Double Top
On the chart of #TWTR M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 41.20; the lower boundary 40.81; the width of the pattern 39 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 40.66 level.
2022-08-02T15:15:15

#TWTR M30

Bullish pennant
The Bullish pennant signal – Trading instrument #TWTR M30, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 41.68, with the prospect of the next move being a projection of the flagpole height.
2022-07-29T15:52:45