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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#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
#FB
#FB M30
Double Top
On the chart of #FB M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 677.53; the lower boundary 664.77; the width of the pattern 1276 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 664.47 level.
#FB M15
Double Top
The Double Top reversal pattern has been formed on #FB M15. Characteristics: the upper boundary 674.91; the lower boundary 671.91; the width of the pattern is 330 points. Sell trades are better to be opened below the lower boundary 671.91 with a possible movements towards the 671.68 level.
#FB M5
Triple Top
On the chart of the #FB M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 670.33, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 458 points.
#FB M5
Double Top
On the chart of #FB M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 666.34; the lower boundary 663.45; the width of the pattern 289 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 663.30 level.
#FB M5
Triple Top
On the chart of the #FB M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 643.84, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 343 points.
#FB M5
Double Top
The Double Top reversal pattern has been formed on #FB M5. Characteristics: the upper boundary 647.27; the lower boundary 643.84; the width of the pattern is 350 points. Sell trades are better to be opened below the lower boundary 643.84 with a possible movements towards the 643.69 level.
#FB M5
Double Bottom
The Double Bottom pattern has been formed on #FB M5; the upper boundary is 611.24; the lower boundary is 600.09. The width of the pattern is 1124 points. In case of a break of the upper boundary 611.24, 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.
#FB M5
Double Bottom
The Double Bottom pattern has been formed on #FB M5. Characteristics: the support level 602.85; the resistance level 604.58; the width of the pattern 173 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 182 points.
#FB M5
Triple Top
The Triple Top pattern has formed on the chart of the #FB M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -58, support level -64, and pattern’s width 236. Forecast If the price breaks through the support level 621.16, it is likely to move further down to 623.38.
#FB M5
Double Top
On the chart of #FB M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 623.53; the lower boundary 621.16; the width of the pattern 237 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 621.01 level.