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:
All
#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
AUDCHF M5
Inverse Head and Shoulder
According to M5, AUDCHF is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 0.5469/0.5470 is broken out, the instrument is likely to move toward 0.5485.
#FB M5
Bearish Rectangle
According to the chart of M5, #FB formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 638.36 – 638.36 and upper border 642.01 – 642.01. In case the lower border is broken, the instrument is likely to follow the downward trend.
AUDCHF M30
Double Bottom
The Double Bottom pattern has been formed on AUDCHF M30. Characteristics: the support level 0.5461; the resistance level 0.5481; the width of the pattern 20 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 21 points.
#FB M15
Double Bottom
The Double Bottom pattern has been formed on #FB M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 642.01 is broken. The further movements will rely on the width of the current pattern 365 points.
AUDCAD M15
Double Bottom
The Double Bottom pattern has been formed on AUDCAD M15; the upper boundary is 0.9700; the lower boundary is 0.9690. The width of the pattern is 10 points. In case of a break of the upper boundary 0.9700, 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.
AUDCHF M15
Double Bottom
The Double Bottom pattern has been formed on AUDCHF M15. Characteristics: the support level 0.5461; the resistance level 0.5481; the width of the pattern 20 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 21 points.
SILVER M5
Bullish Symmetrical Triangle
According to the chart of M5, SILVER formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 92.11/93.09 whereas the upper border goes across 93.83/93.09. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of SILVER will breach the upper border to head for 93.10.
#KO M15
Double Top
The Double Top reversal pattern has been formed on #KO M15. Characteristics: the upper boundary 81.68; the lower boundary 81.20; the width of the pattern is 47 points. Sell trades are better to be opened below the lower boundary 81.20 with a possible movements towards the 80.97 level.
#NTDOY M5
Double Top
The Double Top pattern has been formed on #NTDOY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 13.97 is broken, the downward movement will continue.
#KO M5
Double Top
The Double Top pattern has been formed on #KO M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 81.20 is broken, the downward movement will continue.