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:
1 selected
#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
#GOOG
#GOOG H1
Bullish pennant
The Bullish pennant signal – Trading instrument #GOOG H1, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 175.60, with the prospect of the next move being a projection of the flagpole height.
#GOOG M30
Bullish pennant
The Bullish pennant pattern is formed on the #GOOG M30 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 175.73, a further uptrend is possible.
#GOOG M5
Bearish Rectangle
According to the chart of M5, #GOOG formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 172.95, the lower border is 172.54. The signal means that a short position should be opened after fixing a price below the lower border 172.54 of the Bearish Rectangle.
#GOOG M5
Double Bottom
The Double Bottom pattern has been formed on #GOOG M5. 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 172.89 is broken. The further movements will rely on the width of the current pattern 30 points.
#GOOG M15
Double Top
The Double Top reversal pattern has been formed on #GOOG M15. Characteristics: the upper boundary 173.45; the lower boundary 172.14; the width of the pattern is 129 points. Sell trades are better to be opened below the lower boundary 172.14 with a possible movements towards the 171.91 level.
#GOOG M5
Double Top
The Double Top reversal pattern has been formed on #GOOG M5. Characteristics: the upper boundary 173.45; the lower boundary 172.14; the width of the pattern is 129 points. Sell trades are better to be opened below the lower boundary 172.14 with a possible movements towards the 171.99 level.
#GOOG M15
Bullish Symmetrical Triangle
According to the chart of M15, #GOOG formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 171.08 and 169.59 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 149 pips. Outlook: If the upper border 171.08 is broken, the price is likely to continue its move by 170.71.
#GOOG M30
Bearish Rectangle
According to the chart of M30, #GOOG formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 170.34, the lower border is 165.21. The signal means that a short position should be opened after fixing a price below the lower border 165.21 of the Bearish Rectangle.
#GOOG M5
Bullish pennant
The Bullish pennant pattern is formed on the #GOOG M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 170.34, a further uptrend is possible.
#GOOG M15
Double Bottom
The Double Bottom pattern has been formed on #GOOG M15; the upper boundary is 167.05; the lower boundary is 166.39. The width of the pattern is 65 points. In case of a break of the upper boundary 167.05, 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.