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:
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AUDCAD
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Figure:
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Triangle
Rectangle
Pennant
Flag
Head and Shoulders
Double Top
Triple top
Timeframe:
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M5
M15
M30
H1
D1
Signal strength:
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High
Medium
Low
Signal direction:
All
Buy
Sell
AUDCHF
AUDCHF M15
Double Bottom
The Double Bottom pattern has been formed on AUDCHF M15. Characteristics: the support level 0.5170; the resistance level 0.5177; the width of the pattern 7 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 7 points.
AUDCHF M15
Double Bottom
The Double Bottom pattern has been formed on AUDCHF M15. Characteristics: the support level 0.5176; the resistance level 0.5181; the width of the pattern 5 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 5 points.
AUDCHF M5
Double Bottom
The Double Bottom pattern has been formed on AUDCHF M5; the upper boundary is 0.5184; the lower boundary is 0.5178. The width of the pattern is 6 points. In case of a break of the upper boundary 0.5184, 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.
AUDCHF M5
Double Bottom
The Double Bottom pattern has been formed on AUDCHF M5. Characteristics: the support level 0.5182; the resistance level 0.5187; the width of the pattern 5 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 5 points.
AUDCHF M5
Triple Bottom
The Triple Bottom pattern has formed on the chart of AUDCHF M5. Features of the pattern: The lower line of the pattern has coordinates 0.5168 with the upper limit 0.5168/0.5158, the projection of the width is 16 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 0.5152, the price is most likely to continue the upward movement.
AUDCHF M5
Double Bottom
The Double Bottom pattern has been formed on AUDCHF M5; the upper boundary is 0.5168; the lower boundary is 0.5151. The width of the pattern is 16 points. In case of a break of the upper boundary 0.5168, 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.
AUDCHF M15
Bullish Rectangle
According to the chart of M15, AUDCHF formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 0.5174, the lower border is 0.5160. The signal means that a long position should be opened above the upper border 0.5174 of the Bullish Rectangle.
AUDCHF M5
Bullish Rectangle
According to the chart of M5, AUDCHF formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 0.5174, the lower border is 0.5160. The signal means that a long position should be opened above the upper border 0.5174 of the Bullish Rectangle.
AUDCHF M5
Bearish Rectangle
According to the chart of M5, AUDCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.5140 – 0.5140 and upper border 0.5149 – 0.5149. In case the lower border is broken, the instrument is likely to follow the downward trend.
AUDCHF H1
Triple Top
The Triple Top pattern has formed on the chart of the AUDCHF H1 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 2, support level -17, and pattern’s width 28. Forecast If the price breaks through the support level 0.5140, it is likely to move further down to 0.5124.