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
#MSFT
#MSFT M30
Double Bottom
The Double Bottom pattern has been formed on #MSFT M30. 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 407.90 is broken. The further movements will rely on the width of the current pattern 385 points.
#MSFT M15
Triple Bottom
The Triple Bottom pattern has formed on the chart of the #MSFT M15 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 410.22/407.90.
#MSFT M15
Double Bottom
The Double Bottom pattern has been formed on #MSFT 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 407.90 is broken. The further movements will rely on the width of the current pattern 385 points.
#MSFT M5
Triple Bottom
The Triple Bottom pattern has been formed on #MSFT M5. It has the following characteristics: resistance level 409.15/405.98; support level 404.67/404.41; the width is 448 points. In the event of a breakdown of the resistance level of 409.15, the price is likely to continue an upward movement at least to 404.61.
#MSFT M5
Double Bottom
The Double Bottom pattern has been formed on #MSFT 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 409.15 is broken. The further movements will rely on the width of the current pattern 448 points.
#MSFT M5
Bearish Symmetrical Triangle
According to the chart of M5, #MSFT formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 404.67 is likely to encourage a continuation of the downward trend.
#MSFT M5
Bullish Symmetrical Triangle
According to the chart of M5, #MSFT formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 413.04 and 409.30 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 374 pips. Outlook: If the upper border 413.04 is broken, the price is likely to continue its move by 411.16.
#MSFT M5
Bullish Rectangle
According to the chart of M5, #MSFT formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 406.68 and support 404.12. In case the resistance level 406.68 - 406.68 is broken, the instrument is likely to follow the bullish trend.
#MSFT M5
Bearish Rectangle
According to the chart of M5, #MSFT formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 398.75 – 398.75 and upper border 401.66 – 401.66. In case the lower border is broken, the instrument is likely to follow the downward trend.
#MSFT M15
Head and Shoulders
According to the chart of M15, #MSFT formed the Head and Shoulders pattern. The Head’s top is set at 407.45 while the median line of the Neck is found at 397.94/398.75. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of #MSFT will go towards 398.52.