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
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EURNZD
USDCAD
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AUDCAD
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AUDJPY
AUDUSD
GBPUSD
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#AAPL
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#MCD
#MA
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#INTC
#MSFT
#NTDOY
#PEP
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#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
#MSFT
#MSFT M5
Triple Bottom
The Triple Bottom pattern has formed on the chart of the #MSFT M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 432.63/432.61.
#MSFT M5
Double Bottom
The Double Bottom pattern has been formed on #MSFT M5; the upper boundary is 425.50; the lower boundary is 423.04. The width of the pattern is 249 points. In case of a break of the upper boundary 425.50, 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.
#MSFT M5
Double Bottom
The Double Bottom pattern has been formed on #MSFT 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 480.12 is broken. The further movements will rely on the width of the current pattern 211 points.
#MSFT M30
Bullish pennant
The Bullish pennant signal – Trading instrument #MSFT M30, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 481.52, with the prospect of the next move being a projection of the flagpole height.
#MSFT M5
Triple Top
The Triple Top pattern has formed on the chart of the #MSFT M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -187, support level -212, and pattern’s width 362. Forecast If the price breaks through the support level 465.58, it is likely to move further down to 470.07.
#MSFT M30
Inverse Head and Shoulder
According to M30, #MSFT is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 455.33/452.80 is broken out, the instrument is likely to move toward 453.10.
#MSFT M5
Bearish pennant
The Bearish pennant pattern has formed on the #MSFT M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 449.29, a trader will be able to successfully enter the sell position.
#MSFT M15
Double Bottom
The Double Bottom pattern has been formed on #MSFT M15. Characteristics: the support level 457.22; the resistance level 463.09; the width of the pattern 587 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 556 points.
#MSFT M15
Bearish pennant
The Bearish pennant pattern has formed on the #MSFT M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 460.96; the projection of the flagpole height is equal to 976 pips. In case the price breaks out the pattern’s bottom of 460.96, the downtrend is expected to continue for further level 460.73.
#MSFT M15
Bearish Rectangle
According to the chart of M15, #MSFT formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 465.97 – 465.97 and upper border 471.20 – 471.20. In case the lower border is broken, the instrument is likely to follow the downward trend.