FX.co ★ Modèles réels. Analyse technique et recommandations de trading

The Double Top reversal pattern has been formed on NZDJPY M5. Characteristics: the upper boundary 90.95; the lower boundary 90.71; the width of the pattern is 23 points. Sell trades are better to be opened below the lower boundary 90.71 with a possible movements towards the 90.56 level.

The Triple Bottom pattern has formed on the chart of NZDCHF H1. Features of the pattern: The lower line of the pattern has coordinates 0.4565 with the upper limit 0.4565/0.4557, the projection of the width is 17 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 0.4548, the price is most likely to continue the upward movement.

According to the chart of M5, EURCAD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.6049 – 1.6049 and upper border 1.6062 – 1.6062. In case the lower border is broken, the instrument is likely to follow the downward trend.

The Triple Top pattern has formed on the chart of the USDJPY M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 0, support level -11, and pattern’s width 19. Forecast If the price breaks through the support level 159.62, it is likely to move further down to 159.68.

The Double Top pattern has been formed on USDCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8000 is broken, the downward movement will continue.

The Bearish Flag pattern has been formed on #MCD at D1. The lower boundary of the pattern is located at 305.71/313.25 while the upper boundary lies at 310.15/317.69. The projection of the flagpole is 2474 points. This formation signals that the downward trend is most likely to continue. Therefore, if the level of 305.71 is broken, the price will move further downwards.

The Bearish pennant pattern has formed on the #MCD D1 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 305.71; the projection of the flagpole height is equal to 2474 pips. In case the price breaks out the pattern’s bottom of 305.71, the downtrend is expected to continue for further level 305.31.

According to the chart of D1, AUDCAD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 0.9758, the lower border is 0.9459. The signal means that a long position should be opened above the upper border 0.9758 of the Bullish Rectangle.

The Double Bottom pattern has been formed on EURGBP D1; the upper boundary is 0.8788; the lower boundary is 0.8616. The width of the pattern is 177 points. In case of a break of the upper boundary 0.8788, 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.

The Double Bottom pattern has been formed on EURGBP D1; the upper boundary is 0.8788; the lower boundary is 0.8616. The width of the pattern is 177 points. In case of a break of the upper boundary 0.8788, 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.