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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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
AUDUSD
AUDUSD M5
Triple Bottom
The Triple Bottom pattern has formed on the chart of AUDUSD M5. The lower boundary is at 0.7125, while the upper boundary is at 0.7132/0.7131. The projected width is 7 points. The formation of the Triple Bottom pattern most likely indicates a change from a downward to an upward trend. If the confirmation resistance at 0.7132 is broken, the price is likely to continue upward.
AUDUSD M5
Double Bottom
The Double Bottom pattern has formed on the AUDUSD M5 chart. Its upper boundary is at 0.7131, its lower boundary is at 0.7125, and its width is 6 points. A break above the upper boundary at 0.7131 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.
AUDUSD M30
Triple Bottom
The Triple Bottom pattern has formed on the AUDUSD M30 chart. It has the following characteristics: resistance at 0.7162; support at 0.7156; pattern width of 6 points. If the confirmation resistance at 0.7173 is broken, the price is likely to continue upward by at least 17 points.
AUDUSD M15
Triple Bottom
The Triple Bottom pattern has formed on the chart of AUDUSD M15. The lower boundary is at 0.7156, while the upper boundary is at 0.7173/0.7162. The projected width is 17 points. The formation of the Triple Bottom pattern most likely indicates a change from a downward to an upward trend. If the confirmation resistance at 0.7173 is broken, the price is likely to continue upward.
AUDUSD M5
Bearish Rectangle
The Bearish Rectangle has formed on the AUDUSD M5 chart and indicates a likely continuation of the trend. Its resistance zone is at 0.7160–0.7160 and its support zone is at 0.7156–0.7156. A break below support at 0.7156 is likely to signal a continuation of the bearish trend.
AUDUSD M5
Triple Bottom
The Triple Bottom pattern has formed on the chart of AUDUSD M5. The lower boundary is at 0.7158, while the upper boundary is at 0.7170/0.7169. The projected width is 8 points. The formation of the Triple Bottom pattern most likely indicates a change from a downward to an upward trend. If the confirmation resistance at 0.7170 is broken, the price is likely to continue upward.
AUDUSD M15
Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the AUDUSD M15 chart. A break below the lower boundary at 0.7205 would signal a likely continuation of the downtrend. The projected move corresponds to the pattern width of 31 points.
AUDUSD M5
Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the AUDUSD M5 chart. A break below the lower boundary at 0.7205 is likely to signal a continuation of the downtrend.
AUDUSD H1
Triple Top
The Triple Top pattern has formed on the chart of the AUDUSD H1 trading instrument. It is a reversal pattern with resistance at 0.7225/0.7224, support at 0.7214/0.7218, and a width of 11 points. A break below the confirmation support at 0.7214 may signal further downward movement.
AUDUSD M5
Head and Shoulders
The Head and Shoulders pattern has formed on the AUDUSD M5 chart. The head high is at 0.7224, while the neckline passes through 0.7216/0.7216. The Head and Shoulders signals a potential reversal of the uptrend. A break below the lower neckline anchor may confirm the bearish reversal.