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.
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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:
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Buy
Sell
AUDCAD
AUDCAD H1
Triple Bottom
The Triple Bottom pattern has formed on the AUDCAD H1 chart. A break above the confirmation resistance at 0.9836 may signal a reversal from a downtrend to an uptrend.
AUDCAD M5
Bullish Rectangle
The Bullish Rectangle has formed on the AUDCAD M5 chart and indicates a likely continuation of the trend. Its upper boundary is at 0.9820 and its lower boundary is at 0.9812. A long position may be considered after the price breaks above the upper boundary at 0.9820 of the Bullish Rectangle.
AUDCAD M5
Double Top
The Double Top reversal pattern has formed on the AUDCAD M5 chart. Its upper boundary is at 0.9820, its lower boundary is at 0.9800, and its width is 19 points. A short position may be considered below the lower boundary at 0.9800, with a potential target at 0.9785.
AUDCAD M30
Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the AUDCAD M30 chart. A break below the lower boundary at 0.9818 would signal a likely continuation of the downtrend. The projected move corresponds to the pattern width of 22 points.
AUDCAD M30
Bearish Rectangle
The Bearish Rectangle has formed on the AUDCAD M30 chart. This is a trend continuation pattern bounded by the lower boundary at 0.9818–0.9818 and the upper boundary at 0.9838–0.9838. A breakout below the lower boundary is likely to signal a continuation of the downtrend.
AUDCAD M15
Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the AUDCAD M15 chart. Its lower boundary passes through 0.9818/0.9828, while its upper boundary passes through 0.9839/0.9828. The pattern width is 21 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If AUDCAD breaks below the lower boundary, the price could move toward 0.9805.
AUDCAD M15
Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the AUDCAD M15 chart. A break below the lower boundary at 0.9818 would signal a likely continuation of the downtrend. The projected move corresponds to the pattern width of 21 points.
AUDCAD M30
Double Bottom
The Double Bottom pattern has formed on the AUDCAD M30 chart. Its support is at 0.9818, its resistance is at 0.9838, and its width is 20 points. A break above resistance may confirm a trend reversal, with the first target projected 18 points away.
AUDCAD M15
Triple Bottom
The Triple Bottom pattern has formed on the AUDCAD M15 chart. It has the following characteristics: resistance at 0.9863; support at 0.9854; pattern width of 9 points. If the confirmation resistance at 0.9871 is broken, the price is likely to continue upward by at least 18 points.
AUDCAD M5
Double Bottom
The Double Bottom pattern has formed on the AUDCAD M5 chart. Its support is at 0.9853, its resistance is at 0.9863, and its width is 10 points. A break above resistance may confirm a trend reversal, with the first target projected 10 points away.