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
GBPAUD
GBPAUD M5
Double Top
The Double Top reversal pattern has formed on the GBPAUD M5 chart. Its upper boundary is at 1.9160, its lower boundary is at 1.9144, and its width is 16 points. A break below the lower boundary is likely to confirm further downward movement toward 1.9129.
GBPAUD M5
Double Top
The Double Top reversal pattern has formed on the GBPAUD M5 chart. Its upper boundary is at 1.9152, its lower boundary is at 1.9137, and its width is 15 points. A break below the lower boundary is likely to confirm further downward movement toward 1.9122.
GBPAUD M5
Bearish Rectangle
The Bearish Rectangle has formed on the GBPAUD M5 chart and indicates a likely continuation of the trend. Its upper boundary is at 1.9045 and its lower boundary is at 1.9035. A short position may be considered once the price closes below the lower boundary at 1.9035 of the Bearish Rectangle.
GBPAUD M15
Triple Top
The Triple Top pattern has formed on the chart of GBPAUD M15 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 1.9033 may confirm the bearish scenario. The projected peak-to-trough width is 11 points.
GBPAUD M5
Bullish Rectangle
The Bullish Rectangle has formed on the GBPAUD M5 chart. This pattern indicates a likely continuation of the trend. Its resistance is at 1.9064 and its support is at 1.9056. A breakout above the resistance zone at 1.9064–1.9064 is likely to signal a continuation of the bullish trend.
GBPAUD M5
Inverse Head and Shoulders
The Inverse Head and Shoulders pattern has formed on the GBPAUD M5 chart. The head low is at 1.9013, while the neckline passes through 1.9026/1.9025. The Inverse Head and Shoulders signals a potential reversal of the downtrend. A break above the higher neckline anchor may confirm the bullish reversal.
GBPAUD M5
Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the GBPAUD M5 chart. A break below the lower boundary at 1.9089 is likely to signal a continuation of the downtrend.
GBPAUD M30
Double Bottom
The Double Bottom pattern has formed on the GBPAUD M30 chart. Its support is at 1.9090, its resistance is at 1.9108, and its width is 18 points. A break above resistance may confirm a trend reversal, with the first target projected 19 points away.
GBPAUD M15
Double Bottom
The Double Bottom pattern has formed on the GBPAUD M15 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 1.9108. The projected move is based on the pattern width of 18 points.
GBPAUD M5
Double Bottom
The Double Bottom pattern has formed on the GBPAUD M5 chart. Its support is at 1.9091, its resistance is at 1.9094, and its width is 3 points. A break above resistance may confirm a trend reversal, with the first target projected 3 points away.