English 
Русский
Bahasa Indonesia
Bahasa Malay
ไทย
Español
Deutsch
Български
Français
Tiếng Việt
中文
বাংলা
हिन्दी
Čeština
Українська
Română
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
AUDUSD
AUDUSD H1
Head and Shoulders
The technical pattern called Head and Shoulders has appeared on the chart of AUDUSD H1. There are weighty reasons to suggest that the price will surpass the Neckline 0.6487/0.6486 after the right shoulder has been formed. So, the trend is set to change with the price heading for 0.6446.
AUDUSD M5
Bearish Rectangle
According to the chart of M5, AUDUSD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.6505 - 0.0000 and support 0.6493 – 0.6493. In case the resistance level 0.6493 - 0.6493 is broken, the instrument is likely to follow the bearish trend.
AUDUSD M15
Bearish Rectangle
According to the chart of M15, AUDUSD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.6505 - 0.0000 and support 0.6493 – 0.6493. In case the resistance level 0.6493 - 0.6493 is broken, the instrument is likely to follow the bearish trend.
AUDUSD M15
Head and Shoulders
According to the chart of M15, AUDUSD formed the Head and Shoulders pattern. The Head’s top is set at 0.6510 while the median line of the Neck is found at 0.6489/0.6491. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of AUDUSD will go towards 0.6468.
AUDUSD M5
Head and Shoulders
The technical pattern called Head and Shoulders has appeared on the chart of AUDUSD M5. There are weighty reasons to suggest that the price will surpass the Neckline 0.6489/0.6492 after the right shoulder has been formed. So, the trend is set to change with the price heading for 0.6477.
AUDUSD M15
Double Bottom
The Double Bottom pattern has been formed on AUDUSD M15; the upper boundary is 0.6461; the lower boundary is 0.6452. The width of the pattern is 10 points. In case of a break of the upper boundary 0.6461, 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.
AUDUSD M5
Triple Bottom
The Triple Bottom pattern has been formed on AUDUSD M5. It has the following characteristics: resistance level 0.6472/0.6469; support level 0.6465/0.6464; the width is 7 points. In the event of a breakdown of the resistance level of 0.6472, the price is likely to continue an upward movement at least to 0.6478.
AUDUSD M30
Triple Top
On the chart of the AUDUSD M30 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 0.6481, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 20 points.
AUDUSD M15
Triple Top
On the chart of the AUDUSD M15 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 0.6481, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 20 points.
AUDUSD M30
Double Top
On the chart of AUDUSD M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.6490; the lower boundary 0.6477; the width of the pattern 13 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.6447 level.