FX.co ★ Modèles réels. Analyse technique et recommandations de trading

On the chart of EURJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 169.25; the lower boundary 169.16; the width of the pattern 9 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 169.01 level.

The Triple Top pattern has formed on the chart of the GBPJPY M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 3, support level -4, and pattern’s width 16. Forecast If the price breaks through the support level 197.14, it is likely to move further down to 197.12.

The Triple Top pattern has formed on the chart of the USDCHF M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 0.9066/0.9067 with the upper limit 0.9071/0.9073; the projection of the width is 5 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 0.9066, the price is most likely to continue the downward movement.

The Bullish pennant pattern is formed on the EURJPY M15 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 169.26, a further uptrend is possible.

According to the chart of M5, SILVER formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 29.66/29.53 whereas the lower border goes across 29.38/29.53. The pattern width is measured on the chart at 275 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 29.53 is broken, the price could continue its move toward 29.55.

The technical pattern called Head and Shoulders has appeared on the chart of NZDCHF M5. There are weighty reasons to suggest that the price will surpass the Neckline 0.5538/0.5537 after the right shoulder has been formed. So, the trend is set to change with the price heading for 0.5522.

On the chart of SILVER H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 29.68; the lower boundary 29.52; the width of the pattern 170 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 29.48 level.

The Double Top pattern has been formed on AUDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 103.68 is broken, the downward movement will continue.

According to the chart of M5, NZDJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 95.18, the lower border is 95.09. The signal means that a long position should be opened above the upper border 95.18 of the Bullish Rectangle.

The Double Bottom pattern has been formed on EURNZD M5; the upper boundary is 1.7743; the lower boundary is 1.7731. The width of the pattern is 12 points. In case of a break of the upper boundary 1.7743, 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.