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:
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#Bitcoin
EURCHF
EURGBP
EURJPY
EURUSD
EURCAD
EURRUB
EURNZD
USDCAD
USDCHF
USDJPY
USDRUB
NZDCAD
NZDUSD
NZDCHF
NZDJPY
AUDCAD
AUDCHF
AUDJPY
AUDUSD
GBPUSD
GBPJPY
GBPAUD
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GOLD
SILVER
#AAPL
#AMZN
#EBAY
#FB
#GOOG
#MCD
#MA
#KO
#INTC
#MSFT
#NTDOY
#PEP
#TSLA
#TWTR
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:
All
Buy
Sell
#PEP
#PEP M5
Bullish Symmetrical Triangle
According to the chart of M5, #PEP formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 152.41 and 151.75 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 66 pips. Outlook: If the upper border 152.41 is broken, the price is likely to continue its move by 152.25.
#PEP M15
Double Bottom
The Double Bottom pattern has been formed on #PEP M15. Characteristics: the support level 151.01; the resistance level 151.52; the width of the pattern 51 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 51 points.
#PEP M5
Bearish Flag
The Bearish Flag pattern has been formed on the chart #PEP M5 which signals that the downward trend will continue. If the price breaks below the low at 151.44, then it is most likely to move further downwards. The price will likely move by the number of points which equals the length of the flag pole (10 points).
#PEP M5
Bearish pennant
The Bearish pennant pattern has formed on the #PEP M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 151.44; the projection of the flagpole height is equal to 108 pips. In case the price breaks out the pattern’s bottom of 151.44, the downtrend is expected to continue for further level 151.29.
#PEP M5
Triple Bottom
The Triple Bottom pattern has been formed on #PEP M5. It has the following characteristics: resistance level 153.89/153.75; support level 153.10/153.10; the width is 79 points. In the event of a breakdown of the resistance level of 153.89, the price is likely to continue an upward movement at least to 153.40.
#PEP M5
Double Bottom
The Double Bottom pattern has been formed on #PEP M5; the upper boundary is 153.30; the lower boundary is 152.73. The width of the pattern is 60 points. In case of a break of the upper boundary 153.30, 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.
#PEP M30
Double Top
On the chart of #PEP M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 154.27; the lower boundary 152.53; the width of the pattern 174 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 152.23 level.
#PEP H1
Bullish pennant
The Bullish pennant pattern is formed on the #PEP H1 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 154.40, a further uptrend is possible.
#PEP M5
Double Bottom
The Double Bottom pattern has been formed on #PEP M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 149.76 is broken. The further movements will rely on the width of the current pattern 57 points.
#PEP M5
Double Bottom
The Double Bottom pattern has been formed on #PEP M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 148.34 is broken. The further movements will rely on the width of the current pattern 102 points.