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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

GBPJPY M5

Bearish Flag
The Bearish Flag pattern has been formed on GBPJPY at M5. The lower boundary of the pattern is located at 195.04/195.10 while the upper boundary lies at 195.08/195.14. The projection of the flagpole is 14 points. This formation signals that the downward trend is most likely to continue. Therefore, if the level of 195.04 is broken, the price will move further downwards.
2024-05-11T11:23:11

GBPJPY M5

Bearish pennant
The Bearish pennant pattern has formed on the GBPJPY M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 195.04, a trader will be able to successfully enter the sell position.
2024-05-11T11:23:04

EURCAD D1

Double Top
On the chart of EURCAD D1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.4782; the lower boundary 1.4661; the width of the pattern 121 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.4621 level.
2024-05-11T11:22:25

#Bitcoin M15

Double Top
The Double Top reversal pattern has been formed on #Bitcoin M15. Characteristics: the upper boundary 61098.92; the lower boundary 60704.80; the width of the pattern is 37481 points. Sell trades are better to be opened below the lower boundary 60704.80 with a possible movements towards the 60704.57 level.
2024-05-11T07:30:18

GBPJPY M5

Bearish Flag
The Bearish Flag pattern has been formed on the chart GBPJPY M5 which signals that the downward trend will continue. If the price breaks below the low at 195.04, then it is most likely to move further downwards. The price will likely move by the number of points which equals the length of the flag pole (10 points).
2024-05-10T20:55:37

GBPJPY M5

Bearish pennant
The Bearish pennant pattern has formed on the GBPJPY M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 195.04, a trader will be able to successfully enter the sell position.
2024-05-10T20:55:32

USDJPY M5

Bullish Rectangle
According to the chart of M5, USDJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 155.90 and support 155.74. In case the resistance level 155.90 - 155.90 is broken, the instrument is likely to follow the bullish trend.
2024-05-10T20:41:12

USDJPY M30

Double Top
The Double Top pattern has been formed on USDJPY M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 155.76 is broken, the downward movement will continue.
2024-05-10T20:30:19

NZDCHF H1

Bullish Symmetrical Triangle
According to the chart of H1, NZDCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.5466 and 0.5445 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 21 pips. Outlook: If the upper border 0.5466 is broken, the price is likely to continue its move by 0.5494.
2024-05-10T20:20:54

#PEP M5

Double Top
The Double Top reversal pattern has been formed on #PEP M5. Characteristics: the upper boundary 180.12; the lower boundary 179.85; the width of the pattern is 26 points. Sell trades are better to be opened below the lower boundary 179.85 with a possible movements towards the 179.70 level.
2024-05-10T19:55:26