FX.co - Actual patterns. Instrument: #TWTR: 40

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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Figure:

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Triangle

Rectangle

Pennant

Flag

Head and Shoulders

Double Top

Triple top

Timeframe:

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M5

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Signal strength:

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Signal direction:

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#TWTR

#TWTR M5

Bullish pennant

The Bullish pennant pattern is formed on the #TWTR M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 53.39, a further uptrend is possible.

2022-10-26T19:08:57

#TWTR M15

Bullish Symmetrical Triangle

According to the chart of M15, #TWTR formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 52.61/52.85 whereas the upper border goes across 53.15/52.85. 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 53.08.

2022-10-26T15:06:52

#TWTR M30

The Double Top reversal pattern has been formed on #TWTR M30. Characteristics: the upper boundary 52.67; the lower boundary 49.54; the width of the pattern is 313 points. Sell trades are better to be opened below the lower boundary 49.54 with a possible movements towards the 49.24 level.

2022-10-25T17:30:08

#TWTR M15

The Double Top reversal pattern has been formed on #TWTR M15. Characteristics: the upper boundary 52.67; the lower boundary 49.54; the width of the pattern is 313 points. Sell trades are better to be opened below the lower boundary 49.54 with a possible movements towards the 49.31 level.

2022-10-25T16:00:17

#TWTR M15

Bullish pennant

The Bullish pennant graphic pattern has formed on the #TWTR M15 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 52.69.

2022-10-25T14:45:10

#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 52.31 – 52.31 and upper border 52.46 – 52.46. In case the upper border is broken, the instrument is likely to follow the upward trend.

2022-10-20T18:06:37

#TWTR M30

Bullish pennant

The Bullish pennant graphic pattern has formed on the #TWTR M30 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 52.79.

2022-10-20T16:30:50

#TWTR M15

Bullish pennant

The Bullish pennant graphic pattern has formed on the #TWTR M15 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 52.72.

2022-10-20T16:00:36

#TWTR M5

The Double Top pattern has been formed on #TWTR M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 51.44 is broken, the downward movement will continue.

2022-10-18T19:15:07

#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 50.71 – 50.71 and upper border 50.87 – 50.87. In case the upper border is broken, the instrument is likely to follow the upward trend.

2022-10-17T19:22:26