FX.co ★ Actual patterns. Technical analysis and trading recommendations

The Bullish pennant pattern is formed on the #INTC M15 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 117.72, a further uptrend is possible.

The Bullish pennant pattern is formed on the #INTC H1 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 110.77, a further uptrend is possible.

The Bullish pennant graphic pattern has formed on the #INTC H1 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 111.17.

On the chart of the #INTC 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 107.77, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 269 points.

The Bullish pennant pattern is formed on the #INTC M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 107.51, a further uptrend is possible.

The Triple Bottom pattern has formed on the chart of the #INTC M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 97.64/97.23.

The Double Bottom pattern has been formed on #INTC M5. Characteristics: the support level 96.37; the resistance level 99.55; the width of the pattern 318 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 330 points.

The Double Top reversal pattern has been formed on #INTC M15. Characteristics: the upper boundary 95.11; the lower boundary 91.50; the width of the pattern is 363 points. Sell trades are better to be opened below the lower boundary 91.50 with a possible movements towards the 91.28 level.

The Triple Top pattern has formed on the chart of the #INTC M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 91.87/92.80 with the upper limit 94.09/93.61; the projection of the width is 222 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 91.87, the price is most likely to continue the downward movement.

The Double Bottom pattern has been formed on #INTC M15; the upper boundary is 65.64; the lower boundary is 62.08. The width of the pattern is 357 points. In case of a break of the upper boundary 65.64, 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.