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.
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Figure:
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Triangle
Rectangle
Pennant
Flag
Head and Shoulders
Double Top
Triple Top
Timeframe:
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M5
M15
M30
H1
D1
Signal strength:
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High
Medium
Low
Signal direction:
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Buy
Sell
AUDUSD
AUDUSD M5
Bullish Rectangle
The Bullish Rectangle has formed on the AUDUSD M5 chart. This is a trend continuation pattern bounded by the lower boundary at 0.7108–0.7108 and the upper boundary at 0.7115–0.7115. A breakout above the upper boundary is likely to signal a continuation of the uptrend.
AUDUSD M5
Double Bottom
The Double Bottom pattern has formed on the AUDUSD M5 chart. Its upper boundary is at 0.7102, its lower boundary is at 0.7096, and its width is 6 points. A break above the upper boundary at 0.7102 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.
AUDUSD M5
Bullish Rectangle
The Bullish Rectangle has formed on the AUDUSD M5 chart and indicates a likely continuation of the trend. Its upper boundary is at 0.7127 and its lower boundary is at 0.7108. A long position may be considered after the price breaks above the upper boundary at 0.7127 of the Bullish Rectangle.
AUDUSD M5
Triple Top
The Triple Top pattern has formed on the chart of AUDUSD M5 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 0.7061 may confirm the bearish scenario. The projected peak-to-trough width is 7 points.
AUDUSD M15
Double Top
The Double Top pattern has formed on the AUDUSD M15 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 0.7040 is likely to confirm further downward movement.
AUDUSD M30
Bullish Pennant
The Bullish Pennant pattern has formed on the AUDUSD M30 chart. This is a continuation pattern. If the price closes above the pennant high at 0.7047, the uptrend is likely to continue.
AUDUSD M15
Bullish Pennant
The Bullish Pennant pattern has formed on the AUDUSD M15 chart. This is a continuation pattern. If the price closes above the pennant high at 0.7049, the uptrend is likely to continue.
AUDUSD M5
Double Top
The Double Top reversal pattern has formed on the AUDUSD M5 chart. Its upper boundary is at 0.7043, its lower boundary is at 0.7034, and its width is 9 points. A break below the lower boundary is likely to confirm further downward movement toward 0.7019.
AUDUSD M30
Double Top
The Double Top reversal pattern has formed on the AUDUSD M30 chart. Its upper boundary is at 0.7043, its lower boundary is at 0.6992, and its width is 51 points. A break below the lower boundary is likely to confirm further downward movement toward 0.6962.
AUDUSD M15
Double Top
The Double Top pattern has formed on the AUDUSD M15 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 0.6992 is likely to confirm further downward movement.