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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 M30

Double Top
On the chart of GBPJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 194.79; the lower boundary 194.03; the width of the pattern 76 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 193.73 level.
2024-05-09T19:00:18

EURUSD M15

Double Top
The Double Top pattern has been formed on EURUSD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.0769 is broken, the downward movement will continue.
2024-05-09T18:31:12

#FB M5

Triple Top
The Triple Top pattern has formed on the chart of the #FB M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 473.34/473.58 with the upper limit 475.74/475.30; the projection of the width is 240 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 473.34, the price is most likely to continue the downward movement.
2024-05-09T18:25:18

USDCHF M15

Double Bottom
The Double Bottom pattern has been formed on USDCHF M15. Characteristics: the support level 0.9059; the resistance level 0.9073; the width of the pattern 14 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 13 points.
2024-05-09T18:15:35

USDCAD M15

Double Bottom
The Double Bottom pattern has been formed on USDCAD M15; the upper boundary is 1.3693; the lower boundary is 1.3680. The width of the pattern is 14 points. In case of a break of the upper boundary 1.3693, 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.
2024-05-09T18:15:16

GBPJPY M15

Double Top
The Double Top reversal pattern has been formed on GBPJPY M15. Characteristics: the upper boundary 194.83; the lower boundary 194.03; the width of the pattern is 76 points. Sell trades are better to be opened below the lower boundary 194.03 with a possible movements towards the 193.80 level.
2024-05-09T18:00:34

#MSFT M5

Bearish Symmetrical Triangle
According to the chart of M5, #MSFT formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 409.14/411.50 and upper border is 413.61/411.50. The pattern width is measured on the chart at -447 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and #MSFT breaches the lower border, the price could continue its move toward 411.35.
2024-05-09T17:21:03

AUDCHF M5

Triple Top
The Triple Top pattern has formed on the chart of the AUDCHF M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 0.5987/0.5990 with the upper limit 0.5993/0.5994; the projection of the width is 6 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 0.5987, the price is most likely to continue the downward movement.
2024-05-09T17:20:34

#AAPL M5

Bullish pennant
The Bullish pennant graphic pattern has formed on the #AAPL M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 184.30.
2024-05-09T17:13:42

EURJPY M5

Double Top
The Double Top reversal pattern has been formed on EURJPY M5. Characteristics: the upper boundary 167.72; the lower boundary 167.62; the width of the pattern is 10 points. Sell trades are better to be opened below the lower boundary 167.62 with a possible movements towards the 167.47 level.
2024-05-09T17:05:35