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
#MA
#MA M5
Double Top
The Double Top reversal pattern has been formed on #MA M5. Characteristics: the upper boundary 566.06; the lower boundary 564.80; the width of the pattern is 136 points. Sell trades are better to be opened below the lower boundary 564.80 with a possible movements towards the 564.65 level.
#MA M5
Inverse Head and Shoulder
According to the chart of M5, #MA formed the Inverse Head and Shoulder pattern. The Head’s top is set at 538.15 while the median line of the Neck is found at 527.67/533.96. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of #MA will go towards 538.30
#MA M30
Bearish pennant
The Bearish pennant pattern has formed on the #MA M30 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 552.75, a trader will be able to successfully enter the sell position.
#MA M30
Bullish Rectangle
According to the chart of M30, #MA formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 586.61 and support 582.27. In case the resistance level 586.61 - 586.61 is broken, the instrument is likely to follow the bullish trend.
#MA M30
Double Top
On the chart of #MA M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 586.60; the lower boundary 582.27; the width of the pattern 433 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 581.97 level.
#MA M15
Bullish pennant
The Bullish pennant signal – Trading instrument #MA M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 587.06, with the prospect of the next move being a projection of the flagpole height.
#MA M5
Double Top
The Double Top reversal pattern has been formed on #MA M5. Characteristics: the upper boundary 581.78; the lower boundary 580.96; the width of the pattern is 91 points. Sell trades are better to be opened below the lower boundary 580.96 with a possible movements towards the 580.81 level.
#MA M5
Double Top
The Double Top reversal pattern has been formed on #MA M5. Characteristics: the upper boundary 580.56; the lower boundary 577.10; the width of the pattern is 325 points. Sell trades are better to be opened below the lower boundary 577.10 with a possible movements towards the 576.95 level.
#MA M5
Double Top
On the chart of #MA M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 574.33; the lower boundary 573.51; the width of the pattern 82 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 573.36 level.
#MA M30
Bearish pennant
The Bearish pennant pattern has formed on the #MA M30 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 562.57, a trader will be able to successfully enter the sell position.