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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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:
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Buy
Sell
#EBAY
#EBAY M30
Bullish Rectangle
According to the chart of M30, #EBAY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 94.88 – 94.88 and upper border 95.97 – 95.97. In case the upper border is broken, the instrument is likely to follow the upward trend.
#EBAY M5
Double Bottom
The Double Bottom pattern has been formed on #EBAY M5; the upper boundary is 95.22; the lower boundary is 94.95. The width of the pattern is 29 points. In case of a break of the upper boundary 95.22, 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.
#EBAY M15
Bullish Rectangle
According to the chart of M15, #EBAY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 95.97, the lower border is 94.88. The signal means that a long position should be opened above the upper border 95.97 of the Bullish Rectangle.
#EBAY M5
Bullish Rectangle
According to the chart of M5, #EBAY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 95.97 and support 94.88. In case the resistance level 95.97 - 95.97 is broken, the instrument is likely to follow the bullish trend.
#EBAY M30
Double Top
The Double Top pattern has been formed on #EBAY M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 93.67 is broken, the downward movement will continue.
#EBAY M5
Triple Bottom
The Triple Bottom pattern has formed on the chart of #EBAY M5. Features of the pattern: The lower line of the pattern has coordinates 94.88 with the upper limit 94.88/94.80, the projection of the width is 34 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 94.54, the price is most likely to continue the upward movement.
#EBAY M5
Triple Bottom
The Triple Bottom pattern has formed on the chart of the #EBAY M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 95.14/94.88.
#EBAY M5
Bullish Rectangle
According to the chart of M5, #EBAY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 95.85 and support 94.58. In case the resistance level 95.85 - 95.85 is broken, the instrument is likely to follow the bullish trend.
#EBAY M15
Bullish Flag
The Bullish Flag pattern which signals continuation of a trend has been formed on the chart #EBAY M15. Forecast: if the price breaks above the pattern high at 93.91, then traders will be able to place a long deal with the target at 94.14.
#EBAY M15
Triple Bottom
The Triple Bottom pattern has formed on the chart of #EBAY M15. Features of the pattern: The lower line of the pattern has coordinates 91.91 with the upper limit 91.91/91.26, the projection of the width is 122 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 90.69, the price is most likely to continue the upward movement.