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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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
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Signal direction:
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Buy
Sell
AUDUSD
AUDUSD M5
Double Top
The Double Top reversal pattern has formed on the AUDUSD M5 chart. Its upper boundary is at 0.7209, its lower boundary is at 0.7197, and its width is 11 points. A short position may be considered below the lower boundary at 0.7197, with a potential target at 0.7182.
AUDUSD M30
Double Top
The Double Top reversal pattern has formed on the AUDUSD M30 chart. Its upper boundary is at 0.7215, its lower boundary is at 0.7205, and its width is 9 points. A short position may be considered below the lower boundary at 0.7205, with a potential target at 0.7175.
AUDUSD M5
Triple Top
The Triple Top reversal pattern has formed on the AUDUSD M5 chart. Its upper boundary is at 0.7188/0.7207, its lower boundary is at 0.7179/0.7190, and its current width is 7 points. If the confirmation support at 0.7179 is broken, that width can be used to project the downward move.
AUDUSD M5
Triple Top
The Triple Top pattern has formed on the chart of AUDUSD M5 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 0.7182 may confirm the bearish scenario. The projected peak-to-trough width is 4 points.
AUDUSD M30
Double Bottom
The Double Bottom pattern has formed on the AUDUSD M30 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 0.7172. The projected move is based on the pattern width of 17 points.
AUDUSD M5
Bearish Rectangle
The Bearish Rectangle has formed on the AUDUSD M5 chart. This is a trend continuation pattern bounded by the lower boundary at 0.7156–0.7156 and the upper boundary at 0.7165–0.7165. A breakout below the lower boundary is likely to signal a continuation of the downtrend.
AUDUSD M15
Double Top
The Double Top reversal pattern has formed on the AUDUSD M15 chart. Its upper boundary is at 0.7187, its lower boundary is at 0.7180, and its width is 8 points. A short position may be considered below the lower boundary at 0.7180, with a potential target at 0.7157.
AUDUSD M5
Bearish Pennant
The Bearish Pennant pattern has formed on the AUDUSD M5 chart and signals a potential continuation of the existing trend. The pattern low is at 0.7152, and the projected flagpole height is 12 points. If the price breaks below the pattern low at 0.7152, the downtrend is expected to continue toward 0.7137.
AUDUSD H1
Bullish Symmetrical Triangle
The Bullish Symmetrical Triangle pattern has formed on the AUDUSD H1 chart. Its lower boundary passes through 0.7159/0.7168, while its upper boundary passes through 0.7181/0.7168. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, AUDUSD is expected to break the upper boundary and move toward 0.7208.
AUDUSD M30
Bullish Symmetrical Triangle
The Bullish Symmetrical Triangle pattern has formed on the AUDUSD M30 chart, signaling a likely continuation of the trend. Its upper boundary passes through 0.7181/0.7169, while its lower boundary passes through 0.7159/0.7169. The pattern width is 22 points. When the Bullish Symmetrical Triangle forms during an uptrend, it indicates that the prevailing trend may continue. A breakout above 0.7169 could send the price toward 0.7199.