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
NZDCAD
NZDCAD H1
Double Bottom
The Double Bottom pattern has formed on the NZDCAD H1 chart. Its upper boundary is at 0.7979, its lower boundary is at 0.7961, and its width is 19 points. A break above the upper boundary at 0.7979 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.
NZDCAD M30
Double Bottom
The Double Bottom pattern has formed on the NZDCAD M30 chart. Its support is at 0.7960, its resistance is at 0.7979, and its width is 19 points. A break above resistance may confirm a trend reversal, with the first target projected 18 points away.
NZDCAD M15
Double Bottom
The Double Bottom pattern has formed on the NZDCAD M15 chart. Its upper boundary is at 0.7979, its lower boundary is at 0.7961, and its width is 19 points. A break above the upper boundary at 0.7979 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.
NZDCAD M5
Triple Bottom
The Triple Bottom pattern has formed on the NZDCAD M5 chart. A break above the confirmation resistance at 0.7979 may signal a reversal from a downtrend to an uptrend.
NZDCAD M30
Inverse Head and Shoulders
The Inverse Head and Shoulders pattern has formed on the NZDCAD M30 chart. The head low is at 0.7948, while the neckline passes through 0.8001/0.7993. The formation of the Inverse Head and Shoulders indicates a potential reversal of the downtrend. A break above the higher neckline anchor may confirm the bullish reversal.
NZDCAD M5
Triple Bottom
The Triple Bottom pattern has formed on the NZDCAD M5 chart. It has the following characteristics: resistance at 0.7990; support at 0.7978; pattern width of 12 points. If the confirmation resistance at 0.7992 is broken, the price is likely to continue upward by at least 7 points.
NZDCAD M30
Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the NZDCAD M30 chart. Its lower boundary passes through 0.7984/0.7999, while its upper boundary passes through 0.8011/0.7999. The pattern width is 27 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If NZDCAD breaks below the lower boundary, the price could move toward 0.7969.
NZDCAD M15
Bearish Pennant
The Bearish Pennant pattern has formed on the NZDCAD M15 chart. A break below the pennant low at 0.8016 would signal a likely continuation of the downtrend. A Sell Stop order may be placed 10 points below the pattern low, with Take Profit set at a distance equal to the height of the flagpole.
NZDCAD M5
Triple Bottom
The Triple Bottom pattern has formed on the NZDCAD M5 chart. It has the following characteristics: resistance at 0.8030; support at 0.8024; pattern width of 6 points. If the confirmation resistance at 0.8033 is broken, the price is likely to continue upward by at least 7 points.
NZDCAD M5
Bullish Rectangle
The Bullish Rectangle has formed on the NZDCAD M5 chart. This pattern indicates a likely continuation of the trend. Its resistance is at 0.8048 and its support is at 0.8029. A breakout above the resistance zone at 0.8048–0.8048 is likely to signal a continuation of the bullish trend.