FX.co ★ Actual patterns. Technical analysis and trading recommendations

Technical Analysis Patterns
There is nothing more precious to a trader than an ability to predict a further price movement. Technical analysis is a key to your successful transaction. At the same time, you can rely on common and recurring situations that arise in the same circumstances. Our Technical Analysis Patterns section features all trading recommendations based on the technical analysis patterns that help traders make projections and turn a profit.
Instrument:
1 selected
#Bitcoin
EURCHF
EURGBP
EURJPY
EURUSD
EURCAD
EURRUB
EURNZD
USDCAD
USDCHF
USDJPY
USDRUB
NZDCAD
NZDUSD
NZDCHF
NZDJPY
AUDCAD
AUDCHF
AUDJPY
AUDUSD
GBPUSD
GBPJPY
GBPAUD
GBPCHF
GOLD
SILVER
#AAPL
#AMZN
#EBAY
#FB
#GOOG
#MCD
#MA
#KO
#INTC
#MSFT
#NTDOY
#PEP
#TSLA
#TWTR
Figure:
All
Triangle
Rectangle
Pennant
Flag
Head and Shoulders
Double Top
Triple Top
Timeframe:
All
M5
M15
M30
H1
D1
Signal strength:
All
High
Medium
Low
Signal direction:
All
Buy
Sell
#Bitcoin
#Bitcoin M5
Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the #Bitcoin M5 chart. Its lower boundary passes through 84524.29/84595.54, while its upper boundary passes through 84697.02/84595.54. The pattern width is 17273 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If #Bitcoin breaks below the lower boundary, the price could move toward 84595.39.
#Bitcoin M5
Double Bottom
The Double Bottom pattern has formed on the #Bitcoin M5 chart. Its support is at 84522.07, its resistance is at 84727.28, and its width is 20521 points. A break above resistance may confirm a trend reversal, with the first target projected 20299 points away.
#Bitcoin M5
Triple Top
The Triple Top pattern has formed on the chart of #Bitcoin M5 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 84231.47 may confirm the bearish scenario. The projected peak-to-trough width is 8291 points.
#Bitcoin M30
Double Bottom
The Double Bottom pattern has formed on the #Bitcoin M30 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 83849.97. The projected move is based on the pattern width of 94981 points.
#Bitcoin M5
Double Bottom
The Double Bottom pattern has formed on the #Bitcoin M5 chart. Its support is at 83344.27, its resistance is at 83551.44, and its width is 20717 points. A break above resistance may confirm a trend reversal, with the first target projected 21543 points away.
#Bitcoin M5
Triple Bottom
The Triple Bottom pattern has formed on the #Bitcoin M5 chart. A break above the confirmation resistance at 83321.92 may signal a reversal from a downtrend to an uptrend.
#Bitcoin M5
Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the #Bitcoin M5 chart. A break below the lower boundary at 82909.67 is likely to signal a continuation of the downtrend.
#Bitcoin M5
Bearish Rectangle
The Bearish Rectangle has formed on the #Bitcoin M5 chart and indicates a likely continuation of the trend. Its upper boundary is at 83321.92 and its lower boundary is at 82909.67. A short position may be considered once the price closes below the lower boundary at 82909.67 of the Bearish Rectangle.
#Bitcoin M5
Double Bottom
The Double Bottom pattern has formed on the #Bitcoin M5 chart. Its support is at 82889.29, its resistance is at 83114.04, and its width is 22475 points. A break above resistance may confirm a trend reversal, with the first target projected 24829 points away.
#Bitcoin M5
Bearish Flag
The Bearish Flag pattern has formed on the #Bitcoin M5 chart. Its lower boundary passes through 83357.97/83480.59, while its upper boundary passes through 83483.81/83606.43. The projected flagpole height is 36912 points. The formation indicates that the downtrend is likely to continue. A break below 83357.97 would confirm further downward movement.