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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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
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#MA
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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
EURCAD
EURCAD M5
Double Bottom
The Double Bottom pattern has formed on the EURCAD M5 chart. Its support is at 1.5634, its resistance is at 1.5659, and its width is 25 points. A break above resistance may confirm a trend reversal, with the first target projected 25 points away.
EURCAD M5
Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the EURCAD M5 chart. Its lower boundary passes through 1.5620/1.5641, while its upper boundary passes through 1.5661/1.5641. The pattern width is 41 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If EURCAD breaks below the lower boundary, the price could move toward 1.5626.
EURCAD M5
Double Bottom
The Double Bottom pattern has formed on the EURCAD M5 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 1.5627. The projected move is based on the pattern width of 7 points.
EURCAD M5
Double Top
The Double Top reversal pattern has formed on the EURCAD M5 chart. Its upper boundary is at 1.5647, its lower boundary is at 1.5630, and its width is 17 points. A break below the lower boundary is likely to confirm further downward movement toward 1.5615.
EURCAD M15
Triple Bottom
The Triple Bottom pattern has formed on the EURCAD M15 chart. A break above the confirmation resistance at 1.5668 may signal a reversal from a downtrend to an uptrend.
EURCAD M15
Triple Bottom
The Triple Bottom pattern has formed on the chart of EURCAD M15. The lower boundary is at 1.5655, while the upper boundary is at 1.5668/1.5662. The projected width is 12 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 1.5668 is broken, the price is likely to continue upward.
EURCAD M15
Double Bottom
The Double Bottom pattern has formed on the EURCAD M15 chart. Its upper boundary is at 1.5668, its lower boundary is at 1.5656, and its width is 12 points. A break above the upper boundary at 1.5668 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.
EURCAD M5
Double Bottom
The Double Bottom pattern has formed on the EURCAD M5 chart. Its support is at 1.5684, its resistance is at 1.5695, and its width is 11 points. A break above resistance may confirm a trend reversal, with the first target projected 11 points away.
EURCAD M30
Bearish Flag
The Bearish Flag pattern has formed on the EURCAD M30 chart, indicating that the downtrend may continue in the near term. A short position may be considered after the price breaks below the pattern low at 1.5677.
EURCAD M5
Double Bottom
The Double Bottom pattern has formed on the EURCAD M5 chart. Its upper boundary is at 1.5793, its lower boundary is at 1.5772, and its width is 22 points. A break above the upper boundary at 1.5793 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.