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

The Triple Top pattern has formed on the chart of the NZDUSD M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 0.5741/0.5743 with the upper limit 0.5747/0.5747; the projection of the width is 6 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 0.5741, the price is most likely to continue the downward movement.

On the chart of the GBPCHF M5 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 1.0575, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 7 points.

On the chart of the GBPUSD M5 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 1.3299, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 6 points.

The Double Bottom pattern has been formed on #NTDOY M15. Characteristics: the support level 20.86; the resistance level 20.97; the width of the pattern 11 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 12 points.

The Double Top pattern has been formed on #TSLA H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 413.74 is broken, the downward movement will continue.

The Triple Bottom pattern has formed on the chart of GBPUSD M5. Features of the pattern: The lower line of the pattern has coordinates 1.3306 with the upper limit 1.3306/1.3298, the projection of the width is 14 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 1.3292, the price is most likely to continue the upward movement.

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.

The Bearish pennant pattern has formed on the #NTDOY 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 20.80, a trader will be able to successfully enter the sell position.

The Double Bottom pattern has been formed on GBPCHF M5; the upper boundary is 1.0579; the lower boundary is 1.0570. The width of the pattern is 8 points. In case of a break of the upper boundary 1.0579, 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 Bearish pennant pattern has formed on the #NTDOY M15 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 20.85 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.