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

The Bearish pennant pattern has formed on the #FB M30 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 620.92 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.

The Bullish pennant graphic pattern has formed on the #FB M15 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 672.05.

According to the chart of M5, #FB formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 666.22 – 666.22 and upper border 671.83 – 671.83. In case the upper border is broken, the instrument is likely to follow the upward trend.

The Double Top pattern has been formed on #FB M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 666.24 is broken, the downward movement will continue.

The Bullish pennant signal – Trading instrument #FB M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 674.73, with the prospect of the next move being a projection of the flagpole height.

The Bearish pennant pattern has formed on the #FB M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 695.34; the projection of the flagpole height is equal to 2180 pips. In case the price breaks out the pattern’s bottom of 695.34, the downtrend is expected to continue for further level 695.11.

The Bearish pennant pattern has formed on the #FB H1 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 698.10, a trader will be able to successfully enter the sell position.

The Triple Bottom pattern has formed on the chart of #FB M5. Features of the pattern: The lower line of the pattern has coordinates 709.68 with the upper limit 709.68/708.96, the projection of the width is 261 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 707.07, the price is most likely to continue the upward movement.

The Double Top pattern has been formed on #FB M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 720.28 is broken, the downward movement will continue.

The Double Top reversal pattern has been formed on #FB M15. Characteristics: the upper boundary 727.03; the lower boundary 720.28; the width of the pattern is 689 points. Sell trades are better to be opened below the lower boundary 720.28 with a possible movements towards the 720.05 level.