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
GBPCHF
GBPCHF M15
Bullish Rectangle
According to the chart of M15, GBPCHF formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 1.1077, the lower border is 1.1054. The signal means that a long position should be opened above the upper border 1.1077 of the Bullish Rectangle.
GBPCHF M5
Bullish Rectangle
According to the chart of M5, GBPCHF formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.1078 and support 1.1054. In case the resistance level 1.1078 - 1.1078 is broken, the instrument is likely to follow the bullish trend.
GBPCHF M15
Double Top
On the chart of GBPCHF M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.1077; the lower boundary 1.1056; the width of the pattern 21 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.1034 level.
GBPCHF M5
Double Top
The Double Top pattern has been formed on GBPCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.1056 is broken, the downward movement will continue.
GBPCHF M5
Double Bottom
The Double Bottom pattern has been formed on GBPCHF M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 1.1029 is broken. The further movements will rely on the width of the current pattern 10 points.
GBPCHF M5
Bearish Rectangle
According to the chart of M5, GBPCHF formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 1.1046, the lower border is 1.1030. The signal means that a short position should be opened after fixing a price below the lower border 1.1030 of the Bearish Rectangle.
GBPCHF H1
Double Top
On the chart of GBPCHF H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.1069; the lower boundary 1.1025; the width of the pattern 44 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.0985 level.
GBPCHF M5
Double Bottom
The Double Bottom pattern has been formed on GBPCHF M5. Characteristics: the support level 1.1031; the resistance level 1.1046; the width of the pattern 15 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 16 points.
GBPCHF M5
Bullish pennant
The Bullish pennant graphic pattern has formed on the GBPCHF 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 1.1075.
GBPCHF M5
Triple Bottom
The Triple Bottom pattern has been formed on GBPCHF M5. It has the following characteristics: resistance level 1.1051/1.1041; support level 1.1032/1.1029; the width is 19 points. In the event of a breakdown of the resistance level of 1.1051, the price is likely to continue an upward movement at least to 1.1046.