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:
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#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
#Bitcoin
#Bitcoin H1
Double Top
The Double Top reversal pattern has been formed on #Bitcoin H1. Characteristics: the upper boundary 99531.73; the lower boundary 97201.10; the width of the pattern is 245904 points. Sell trades are better to be opened below the lower boundary 97201.10 with a possible movements towards the 97200.70 level.
#Bitcoin M15
Bullish Symmetrical Triangle
According to the chart of M15, #Bitcoin formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 99089.20/98152.37 whereas the lower border goes across 97427.18/98152.37. The pattern width is measured on the chart at 166202 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 98152.37 is broken, the price could continue its move toward 98152.59.
#Bitcoin M5
Double Top
On the chart of #Bitcoin M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 97729.11; the lower boundary 97359.35; the width of the pattern 36976 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 97359.20 level.
#Bitcoin M5
Double Top
The Double Top pattern has been formed on #Bitcoin M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 97359.35 is broken, the downward movement will continue.
#Bitcoin M5
Double Top
The Double Top reversal pattern has been formed on #Bitcoin M5. Characteristics: the upper boundary 94797.10; the lower boundary 93848.84; the width of the pattern is 91988 points. Sell trades are better to be opened below the lower boundary 93848.84 with a possible movements towards the 93848.69 level.
#Bitcoin M5
Double Top
The Double Top reversal pattern has been formed on #Bitcoin M5. Characteristics: the upper boundary 93925.50; the lower boundary 93166.54; the width of the pattern is 81951 points. Sell trades are better to be opened below the lower boundary 93166.54 with a possible movements towards the 93166.39 level.
#Bitcoin M15
Triple Top
The Triple Top pattern has formed on the chart of the #Bitcoin M15 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -6495, support level -101347, and pattern’s width 177109. Forecast If the price breaks through the support level 90279.27, it is likely to move further down to 91887.91.
#Bitcoin M5
Double Top
On the chart of #Bitcoin M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 92050.36; the lower boundary 90999.29; the width of the pattern 105107 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 90999.14 level.
#Bitcoin M5
Bearish Symmetrical Triangle
According to the chart of M5, #Bitcoin formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 89423.30 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -192869 pips.
#Bitcoin M5
Triple Top
On the chart of the #Bitcoin M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 91502.21, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 91285 points.