FX.co ★ Actual patterns. Technical analysis and trading recommendations

技术分析模式
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
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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
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#FB
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#MCD
#MA
#KO
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Figure:
所有
Triangle
Rectangle
Pennant
Flag
Head and Shoulders
Double Top
Triple top
Timeframe:
所有
M5
M15
M30
H1
D1
Signal strength:
所有
High
Medium
Low
Signal direction:
所有
Buy
Sell
EURCAD
EURCAD M5
Bullish pennant
The Bullish pennant pattern is formed on the EURCAD M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 1.5614, a further uptrend is possible.
EURCAD M5
Triple Top
On the chart of the EURCAD 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 1.5578, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 33 points.
EURCAD M5
Bearish Symmetrical Triangle
According to the chart of M5, EURCAD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.5576 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -36 pips.
EURCAD M15
Double Bottom
The Double Bottom pattern has been formed on EURCAD M15. Characteristics: the support level 1.5614; the resistance level 1.5628; 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 15 points.
EURCAD M5
Bearish Rectangle
According to the chart of M5, EURCAD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.5637 - 0.0000 and support 1.5628 – 1.5628. In case the resistance level 1.5628 - 1.5628 is broken, the instrument is likely to follow the bearish trend.
EURCAD M5
Double Top
The Double Top reversal pattern has been formed on EURCAD M5. Characteristics: the upper boundary 1.5658; the lower boundary 1.5651; the width of the pattern is 6 points. Sell trades are better to be opened below the lower boundary 1.5651 with a possible movements towards the 1.5636 level.
EURCAD H1
Double Bottom
The Double Bottom pattern has been formed on EURCAD H1; the upper boundary is 1.5644; the lower boundary is 1.5589. The width of the pattern is 51 points. In case of a break of the upper boundary 1.5644, 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.
EURCAD H1
Double Bottom
The Double Bottom pattern has been formed on EURCAD H1; the upper boundary is 1.5635; the lower boundary is 1.5595. The width of the pattern is 42 points. In case of a break of the upper boundary 1.5635, 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.
EURCAD H1
Double Bottom
The Double Bottom pattern has been formed on EURCAD H1. 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 1.5621 is broken. The further movements will rely on the width of the current pattern 27 points.
EURCAD M15
Bearish Symmetrical Triangle
According to the chart of M15, EURCAD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.5600 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -25 pips.