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
AUDCAD
AUDCAD M5
Double Top
The Double Top pattern has been formed on AUDCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.9792 is broken, the downward movement will continue.
AUDCAD M5
Double Bottom
The Double Bottom pattern has been formed on AUDCAD M5. Characteristics: the support level 0.9745; the resistance level 0.9764; the width of the pattern 19 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 20 points.
AUDCAD M15
Double Bottom
The Double Bottom pattern has been formed on AUDCAD M15; the upper boundary is 0.9862; the lower boundary is 0.9803. The width of the pattern is 61 points. In case of a break of the upper boundary 0.9862, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
AUDCAD M5
Double Bottom
The Double Bottom pattern has been formed on AUDCAD M5. Characteristics: the support level 0.9806; the resistance level 0.9811; the width of the pattern 5 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 5 points.
AUDCAD M5
Bearish Rectangle
According to the chart of M5, AUDCAD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.9811 – 0.9811 and upper border 0.9821 – 0.9821. In case the lower border is broken, the instrument is likely to follow the downward trend.
AUDCAD M30
Triple Bottom
The Triple Bottom pattern has been formed on AUDCAD M30. It has the following characteristics: resistance level 0.9818/0.9814; support level 0.9799/0.9796; the width is 19 points. In the event of a breakdown of the resistance level of 0.9818, the price is likely to continue an upward movement at least to 0.9829.
AUDCAD M30
Double Top
The Double Top reversal pattern has been formed on AUDCAD M30. Characteristics: the upper boundary 0.9816; the lower boundary 0.9790; the width of the pattern is 26 points. Sell trades are better to be opened below the lower boundary 0.9790 with a possible movements towards the 0.9760 level.
AUDCAD M5
Double Top
The Double Top pattern has been formed on AUDCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.9785 is broken, the downward movement will continue.
AUDCAD M15
Double Bottom
The Double Bottom pattern has been formed on AUDCAD M15; the upper boundary is 0.9773; the lower boundary is 0.9761. The width of the pattern is 11 points. In case of a break of the upper boundary 0.9773, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
AUDCAD M5
Triple Top
The Triple Top pattern has formed on the chart of the AUDCAD M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 0.9783/0.9789 with the upper limit 0.9792/0.9797; the projection of the width is 9 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 0.9783, the price is most likely to continue the downward movement.