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.
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NZDCAD
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NZDJPY
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Figure:
All
Triangle
Rectangle
Pennant
Flag
Head and Shoulders
Double Top
Triple Top
Timeframe:
All
M5
M15
M30
H1
D1
Signal strength:
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High
Medium
Low
Signal direction:
All
Buy
Sell
NZDCAD
NZDCAD M5
Triple Top
The Triple Top reversal pattern has formed on the NZDCAD M5 chart. Its upper boundary is at 0.8152/0.8150, its lower boundary is at 0.8138/0.8142, and its current width is 6 points. If the confirmation support at 0.8138 is broken, that width can be used to project the downward move.
NZDCAD M5
Bullish Symmetrical Triangle
The Bullish Symmetrical Triangle pattern has formed on the NZDCAD M5 chart, signaling a likely continuation of the trend. Its upper boundary passes through 0.8120/0.8116, while its lower boundary passes through 0.8110/0.8116. The pattern width is 10 points. When the Bullish Symmetrical Triangle forms during an uptrend, it indicates that the prevailing trend may continue. A breakout above 0.8116 could send the price toward 0.8131.
NZDCAD M5
Double Top
The Double Top reversal pattern has formed on the NZDCAD M5 chart. Its upper boundary is at 0.8244, its lower boundary is at 0.8234, and its width is 10 points. A break below the lower boundary is likely to confirm further downward movement toward 0.8219.
NZDCAD H1
Double Top
The Double Top reversal pattern has formed on the NZDCAD H1 chart. Its upper boundary is at 0.8257, its lower boundary is at 0.8238, and its width is 20 points. A short position may be considered below the lower boundary at 0.8238, with a potential target at 0.8198.
NZDCAD M30
Double Top
The Double Top reversal pattern has formed on the NZDCAD M30 chart. Its upper boundary is at 0.8258, its lower boundary is at 0.8238, and its width is 20 points. A break below the lower boundary is likely to confirm further downward movement toward 0.8208.
NZDCAD M5
Bullish Rectangle
The Bullish Rectangle has formed on the NZDCAD M5 chart. This pattern indicates a likely continuation of the trend. Its resistance is at 0.8256 and its support is at 0.8249. A breakout above the resistance zone at 0.8256–0.8256 is likely to signal a continuation of the bullish trend.
NZDCAD M5
Bullish Pennant
A Bullish Pennant continuation signal has formed on the NZDCAD M5 chart. A long position may be considered above the pattern high at 0.8257, with the projected move based on the height of the flagpole.
NZDCAD M15
Bearish Rectangle
The Bearish Rectangle has formed on the NZDCAD M15 chart. This is a trend continuation pattern bounded by the lower boundary at 0.8179–0.8179 and the upper boundary at 0.8189–0.8189. A breakout below the lower boundary is likely to signal a continuation of the downtrend.
NZDCAD M15
Head and Shoulders
The Head and Shoulders pattern has formed on the NZDCAD M15 chart. After the right shoulder forms, a break below the lower of the neckline anchors at 0.8181/0.8184 may confirm the bearish reversal.
NZDCAD M5
Bullish Rectangle
The Bullish Rectangle has formed on the NZDCAD M5 chart. This is a trend continuation pattern bounded by the lower boundary at 0.8211–0.8211 and the upper boundary at 0.8220–0.8220. A breakout above the upper boundary is likely to signal a continuation of the uptrend.