FX.co ★ Modèles réels. Analyse technique et recommandations de trading

The Triple Bottom pattern has formed on the chart of the GBPAUD M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 2.0039/2.0037.

According to the chart of M5, GBPAUD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 2.0024/2.0032 and upper border is 2.0040/2.0032. The pattern width is measured on the chart at -16 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and GBPAUD breaches the lower border, the price could continue its move toward 2.0017.

According to the chart of M5, GBPAUD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 2.0039, the lower border is 2.0024. The signal means that a short position should be opened after fixing a price below the lower border 2.0024 of the Bearish Rectangle.

According to the chart of M5, GBPAUD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 2.0124 and 2.0079 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 45 pips. Outlook: If the upper border 2.0124 is broken, the price is likely to continue its move by 2.0117.

The Triple Bottom pattern has formed on the chart of GBPAUD M5. Features of the pattern: The lower line of the pattern has coordinates 2.0105 with the upper limit 2.0105/2.0098, the projection of the width is 12 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 2.0093, the price is most likely to continue the upward movement.

The Double Bottom pattern has been formed on GBPAUD M5. Characteristics: the support level 2.0093; the resistance level 2.0105; the width of the pattern 12 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 11 points.

On the chart of GBPAUD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 2.0127; the lower boundary 2.0113; the width of the pattern 14 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 2.0098 level.

The Double Top reversal pattern has been formed on GBPAUD M15. Characteristics: the upper boundary 2.0083; the lower boundary 2.0065; the width of the pattern is 20 points. Sell trades are better to be opened below the lower boundary 2.0065 with a possible movements towards the 2.0043 level.

According to the chart of M5, GBPAUD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 2.0029 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -28 pips.

According to the chart of M5, GBPAUD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 2.0071 and 2.0046 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 25 pips. Outlook: If the upper border 2.0071 is broken, the price is likely to continue its move by 2.0072.