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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#Bitcoin
EURCHF
EURGBP
EURJPY
EURUSD
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AUDCAD
AUDCHF
AUDJPY
AUDUSD
GBPUSD
GBPJPY
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#AAPL
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#MCD
#MA
#KO
#INTC
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#NTDOY
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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
#MCD
#MCD M5
Triple Bottom
The Triple Bottom pattern has formed on the #MCD M5 chart. It has the following characteristics: resistance at 267.14; support at 266.27; pattern width of 87 points. If the confirmation resistance at 267.44 is broken, the price is likely to continue upward by at least 100 points.
#MCD M5
Triple Bottom
The Triple Bottom pattern has formed on the chart of #MCD M5. The lower boundary is at 272.17, while the upper boundary is at 273.22/272.94. The projected width is 77 points. The formation of the Triple Bottom pattern most likely indicates a change from a downward to an upward trend. If the confirmation resistance at 273.22 is broken, the price is likely to continue upward.
#MCD M5
Double Bottom
The Double Bottom pattern has formed on the #MCD M5 chart. Its upper boundary is at 273.22, its lower boundary is at 272.45, and its width is 79 points. A break above the upper boundary at 273.22 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.
#MCD M5
Bullish Pennant
The Bullish Pennant pattern has formed on the #MCD M5 chart. This is a trend continuation pattern. If the price breaks above the pattern high at 276.19, the uptrend is expected to continue toward 276.34.
#MCD M5
Triple Top
The Triple Top pattern has formed on the chart of #MCD M5 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 268.71 may confirm the bearish scenario. The projected peak-to-trough width is 79 points.
#MCD M30
Double Bottom
The Double Bottom pattern has formed on the #MCD M30 chart. Its support is at 261.03, its resistance is at 264.01, and its width is 298 points. A break above resistance may confirm a trend reversal, with the first target projected 279 points away.
#MCD M15
Double Bottom
The Double Bottom pattern has formed on the #MCD M15 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 265.36. The projected move is based on the pattern width of 113 points.
#MCD M30
Bearish Pennant
The Bearish Pennant pattern has formed on the #MCD M30 chart and signals a potential continuation of the existing trend. The pattern low is at 264.22, and the projected flagpole height is 346 points. If the price breaks below the pattern low at 264.22, the downtrend is expected to continue toward 263.92.
#MCD M15
Bearish Rectangle
The Bearish Rectangle has formed on the #MCD M15 chart and indicates a likely continuation of the trend. Its upper boundary is at 265.36 and its lower boundary is at 264.23. A short position may be considered once the price closes below the lower boundary at 264.23 of the Bearish Rectangle.
#MCD M5
Bearish Rectangle
The Bearish Rectangle has formed on the #MCD M5 chart and indicates a likely continuation of the trend. Its resistance zone is at 265.34–265.34 and its support zone is at 264.23–264.23. A break below support at 264.23 is likely to signal a continuation of the bearish trend.