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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EURCHF
EURGBP
EURJPY
EURUSD
EURCAD
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EURNZD
USDCAD
USDCHF
USDJPY
USDRUB
NZDCAD
NZDUSD
NZDCHF
NZDJPY
AUDCAD
AUDCHF
AUDJPY
AUDUSD
GBPUSD
GBPJPY
GBPAUD
GBPCHF
GOLD
SILVER
#AAPL
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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
M15
M30
H1
D1
Signal strength:
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High
Medium
Low
Signal direction:
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Buy
Sell
USDCAD
USDCAD H1
Double Top
The Double Top reversal pattern has formed on the USDCAD H1 chart. Its upper boundary is at 1.4199, its lower boundary is at 1.4174, and its width is 25 points. A break below the lower boundary is likely to confirm further downward movement toward 1.4134.
USDCAD H1
Double Top
The Double Top reversal pattern has formed on the USDCAD H1 chart. Its upper boundary is at 1.4199, its lower boundary is at 1.4174, and its width is 25 points. A break below the lower boundary is likely to confirm further downward movement toward 1.4134.
USDCAD M30
Double Top
The Double Top reversal pattern has formed on the USDCAD M30 chart. Its upper boundary is at 1.4199, its lower boundary is at 1.4174, and its width is 25 points. A break below the lower boundary is likely to confirm further downward movement toward 1.4144.
USDCAD H1
Bullish Rectangle
The Bullish Rectangle has formed on the USDCAD H1 chart. This is a trend continuation pattern bounded by the lower boundary at 1.4174–1.4174 and the upper boundary at 1.4200–1.4200. A breakout above the upper boundary is likely to signal a continuation of the uptrend.
USDCAD H1
Double Top
The Double Top reversal pattern has formed on the USDCAD H1 chart. Its upper boundary is at 1.4200, its lower boundary is at 1.4175, and its width is 23 points. A short position may be considered below the lower boundary at 1.4175, with a potential target at 1.4135.
USDCAD M15
Double Bottom
The Double Bottom pattern has formed on the USDCAD M15 chart. Its upper boundary is at 1.4198, its lower boundary is at 1.4174, and its width is 23 points. A break above the upper boundary at 1.4198 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.
USDCAD M5
Bearish Flag
The Bearish Flag pattern has formed on the USDCAD M5 chart. Its lower boundary passes through 1.4175/1.4179, while its upper boundary passes through 1.4181/1.4185. The projected flagpole height is 14 points. The formation indicates that the downtrend is likely to continue. A break below 1.4175 would confirm further downward movement.
USDCAD M5
Bearish Pennant
The Bearish Pennant pattern has formed on the USDCAD M5 chart. A break below the pennant low at 1.4175 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.
USDCAD M30
Bullish Pennant
The Bullish Pennant pattern has formed on the USDCAD M30 chart. This is a trend continuation pattern. If the price breaks above the pattern high at 1.4203, the uptrend is expected to continue toward 1.4233.
USDCAD M30
Bullish Symmetrical Triangle
The Bullish Symmetrical Triangle pattern has formed on the USDCAD M30 chart. This is a trend continuation pattern. Its upper and lower boundaries are at 1.4163 and 1.4146, respectively. The pattern width is 17 points. If the price breaks above the upper boundary at 1.4163, it is likely to move toward 1.4184.