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:
1 selected
#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
NZDJPY
NZDJPY M5
Bullish Symmetrical Triangle
According to the chart of M5, NZDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 92.90/93.01 whereas the upper border goes across 93.10/93.01. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of NZDJPY will breach the upper border to head for 93.16.
NZDJPY M30
Triple Top
The Triple Top pattern has formed on the chart of the NZDJPY M30 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -3, support level -4, and pattern’s width 41. Forecast If the price breaks through the support level 92.70, it is likely to move further down to 92.82.
NZDJPY M5
Bullish Symmetrical Triangle
According to the chart of M5, NZDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 93.14 and 92.99 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 15 pips. Outlook: If the upper border 93.14 is broken, the price is likely to continue its move by 93.22.
NZDJPY M5
Bullish Rectangle
According to the chart of M5, NZDJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 92.98 – 92.98 and upper border 93.14 – 93.14. In case the upper border is broken, the instrument is likely to follow the upward trend.
NZDJPY M30
Bullish Rectangle
According to the chart of M30, NZDJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 93.12, the lower border is 92.70. The signal means that a long position should be opened above the upper border 93.12 of the Bullish Rectangle.
NZDJPY M15
Bullish Rectangle
According to the chart of M15, NZDJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 92.70 – 92.70 and upper border 93.12 – 93.12. In case the upper border is broken, the instrument is likely to follow the upward trend.
NZDJPY M15
Double Top
The Double Top reversal pattern has been formed on NZDJPY M15. Characteristics: the upper boundary 93.11; the lower boundary 92.70; the width of the pattern is 42 points. Sell trades are better to be opened below the lower boundary 92.70 with a possible movements towards the 92.47 level.
NZDJPY M5
Bullish Symmetrical Triangle
According to the chart of M5, NZDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 93.11 and 92.66 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 45 pips. Outlook: If the upper border 93.11 is broken, the price is likely to continue its move by 93.06.
NZDJPY M15
Double Top
The Double Top reversal pattern has been formed on NZDJPY M15. Characteristics: the upper boundary 92.69; the lower boundary 92.53; the width of the pattern is 18 points. Sell trades are better to be opened below the lower boundary 92.53 with a possible movements towards the 92.31 level.
NZDJPY M5
Double Top
The Double Top pattern has been formed on NZDJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 91.91 is broken, the downward movement will continue.