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:
1 selected
#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
EURCAD
EURCAD H1
Bearish Pennant
The Bearish Pennant pattern has formed on the EURCAD H1 chart. A break below the pennant low at 1.6035 would signal a likely continuation of the downtrend. A Sell Stop order may be placed 10 points below the pattern low, with Take Profit set at a distance equal to the height of the flagpole.
EURCAD H1
Bearish Pennant
The Bearish Pennant pattern has formed on the EURCAD H1 chart. A break below the pennant low at 1.6035 would signal a likely continuation of the downtrend. A Sell Stop order may be placed 10 points below the pattern low, with Take Profit set at a distance equal to the height of the flagpole.
EURCAD M5
Head and Shoulders
The Head and Shoulders pattern has formed on the EURCAD M5 chart. The head high is at 1.6089, while the neckline passes through 1.6074/1.6075. The pattern may reverse the current uptrend. A break below the lower neckline anchor may confirm the bearish reversal.
EURCAD H1
Double Top
The Double Top reversal pattern has formed on the EURCAD H1 chart. Its upper boundary is at 1.6192, its lower boundary is at 1.6177, and its width is 14 points. A short position may be considered below the lower boundary at 1.6177, with a potential target at 1.6137.
EURCAD M30
Triple Top
The Triple Top pattern has formed on the chart of EURCAD M30 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 1.6169 may confirm the bearish scenario. The projected peak-to-trough width is 15 points.
EURCAD M30
Triple Top
The Triple Top pattern has formed on the chart of EURCAD M30 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 1.6169 may confirm the bearish scenario. The projected peak-to-trough width is 15 points.
EURCAD M15
Double Top
The Double Top pattern has formed on the EURCAD M15 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 1.6169 is likely to confirm further downward movement.
EURCAD M15
Bullish Pennant
The Bullish Pennant pattern has formed on the EURCAD M15 chart. This is a trend continuation pattern. If the price breaks above the pattern high at 1.6186, the uptrend is expected to continue toward 1.6208.
EURCAD M5
Head and Shoulders
The Head and Shoulders pattern has formed on the EURCAD M5 chart. The head high is at 1.6098, while the neckline passes through 1.6087/1.6086. The pattern may reverse the current uptrend. A break below the lower neckline anchor may confirm the bearish reversal.
EURCAD M5
Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the EURCAD M5 chart. Its lower boundary passes through 1.6088/1.6092, while its upper boundary passes through 1.6097/1.6092. The pattern width is 9 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If EURCAD breaks below the lower boundary, the price could move toward 1.6077.