FX.co - Actual patterns. Technical analysis and trading recommendations

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

EURGBP M30

Bearish Rectangle

According to the chart of M30, EURGBP formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8574 - 0.0000 and support 0.8555 – 0.8555. In case the resistance level 0.8555 - 0.8555 is broken, the instrument is likely to follow the bearish trend.

Today at 11:00AM (UTC+0)

NZDCAD M5

The Triple Bottom pattern has formed on the chart of the NZDCAD M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 0.8231/0.8218.

Today at 9:50AM (UTC+0)

NZDJPY M15

The Triple Bottom pattern has been formed on NZDJPY M15. It has the following characteristics: resistance level 84.49/84.47; support level 84.31/84.32; the width is 18 points. In the event of a breakdown of the resistance level of 84.49, the price is likely to continue an upward movement at least to 84.54.

Today at 9:45AM (UTC+0)

EURNZD M15

The Double Top reversal pattern has been formed on EURNZD M15. Characteristics: the upper boundary 1.9183; the lower boundary 1.9107; the width of the pattern is 78 points. Sell trades are better to be opened below the lower boundary 1.9107 with a possible movements towards the 1.9085 level.

Today at 9:30AM (UTC+0)

EURCAD M5

The Double Top reversal pattern has been formed on EURCAD M5. Characteristics: the upper boundary 1.5769; the lower boundary 1.5762; the width of the pattern is 6 points. Sell trades are better to be opened below the lower boundary 1.5762 with a possible movements towards the 1.5747 level.

Today at 9:20AM (UTC+0)

NZDJPY M5

The Double Bottom pattern has been formed on NZDJPY M5; the upper boundary is 84.39; the lower boundary is 84.32. The width of the pattern is 8 points. In case of a break of the upper boundary 84.39, 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.

Today at 9:05AM (UTC+0)

NZDCHF M15

The Double Bottom pattern has been formed on NZDCHF 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 0.4857 is broken. The further movements will rely on the width of the current pattern 14 points.

Today at 9:00AM (UTC+0)

EURCAD M5

On the chart of EURCAD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.5769; the lower boundary 1.5759; the width of the pattern 10 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.5744 level.

Today at 8:55AM (UTC+0)

EURCAD M15

On the chart of EURCAD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.5772; the lower boundary 1.5759; the width of the pattern 13 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.5737 level.

Today at 6:45AM (UTC+0)

USDCHF M5

The Double Top pattern has been formed on USDCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8174 is broken, the downward movement will continue.

Today at 6:30AM (UTC+0)