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

The Triple Top pattern has formed on the chart of the GBPAUD M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -1, support level -4, and pattern’s width 12. Forecast If the price breaks through the support level 1.9011, it is likely to move further down to 1.9009.

On the chart of GBPAUD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.9024; the lower boundary 1.9011; the width of the pattern 13 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.8996 level.

The Double Top reversal pattern has been formed on GBPAUD M5. Characteristics: the upper boundary 1.9022; the lower boundary 1.8990; the width of the pattern is 33 points. Sell trades are better to be opened below the lower boundary 1.8990 with a possible movements towards the 1.8975 level.

The Triple Bottom pattern has been formed on GBPAUD H1. It has the following characteristics: resistance level 1.9077/1.9041; support level 1.9000/1.9012; the width is 77 points. In the event of a breakdown of the resistance level of 1.9077, the price is likely to continue an upward movement at least to 1.9054.

The Double Bottom pattern has been formed on GBPAUD M15. Characteristics: the support level 1.9014; the resistance level 1.9041; the width of the pattern 27 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 29 points.

The Triple Bottom pattern has been formed on GBPAUD M15. It has the following characteristics: resistance level 1.9045/1.9033; support level 1.9018/1.9017; the width is 27 points. In the event of a breakdown of the resistance level of 1.9045, the price is likely to continue an upward movement at least to 1.9037.

The Triple Top pattern has formed on the chart of the GBPAUD M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 1.9052/1.9062 with the upper limit 1.9073/1.9073; the projection of the width is 21 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 1.9052, the price is most likely to continue the downward movement.

The Bullish Flag pattern which signals continuation of a trend has been formed on the chart GBPAUD M5. Forecast: if the price breaks above the pattern high at 1.9069, then traders will be able to place a long deal with the target at 1.9084.

The Bullish pennant graphic pattern has formed on the GBPAUD M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 1.9084.

The Double Bottom pattern has been formed on GBPAUD M5; the upper boundary is 1.9081; the lower boundary is 1.9058. The width of the pattern is 25 points. In case of a break of the upper boundary 1.9081, 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.