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

According to the chart of M5, #MA formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 556.37/557.65 and upper border is 558.91/557.65. The pattern width is measured on the chart at -254 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and #MA breaches the lower border, the price could continue its move toward 557.50.

The Triple Bottom pattern has been formed on #MA M5. It has the following characteristics: resistance level 561.20/558.80; support level 556.94/556.70; the width is 426 points. In the event of a breakdown of the resistance level of 561.20, the price is likely to continue an upward movement at least to 556.52.

On the chart of #MA M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 579.27; the lower boundary 576.28; the width of the pattern 299 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 576.05 level.

The Triple Top pattern has formed on the chart of the #MA M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 50, support level -146, and pattern’s width 309. Forecast If the price breaks through the support level 576.28, it is likely to move further down to 579.12.

The Bullish pennant pattern is formed on the #MA M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 580.09, a further uptrend is possible.

The Bullish pennant pattern is formed on the #MA M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 571.65, a further uptrend is possible.

According to the chart of M5, #MA formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 552.65 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -521 pips.

According to the chart of M5, #MA formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 557.74 - 0.00 and support 552.65 – 552.65. In case the resistance level 552.65 - 552.65 is broken, the instrument is likely to follow the bearish trend.

The Triple Bottom pattern has been formed on #MA M5. It has the following characteristics: resistance level 561.51/560.12; support level 559.24/559.37; the width is 227 points. In the event of a breakdown of the resistance level of 561.51, the price is likely to continue an upward movement at least to 559.48.

The Double Bottom pattern has been formed on #MA M5; the upper boundary is 561.51; the lower boundary is 559.33. The width of the pattern is 227 points. In case of a break of the upper boundary 561.51, 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.