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
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EURNZD
USDCAD
USDCHF
USDJPY
USDRUB
NZDCAD
NZDUSD
NZDCHF
NZDJPY
AUDCAD
AUDCHF
AUDJPY
AUDUSD
GBPUSD
GBPJPY
GBPAUD
GBPCHF
GOLD
SILVER
#AAPL
#AMZN
#EBAY
#FB
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#MCD
#MA
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Figure:
All
Triangle
Rectangle
Pennant
Flag
Head and Shoulders
Double Top
Triple Top
Timeframe:
All
M5
M15
M30
H1
D1
Signal strength:
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High
Medium
Low
Signal direction:
All
Buy
Sell
USDCAD
USDCAD M5
Double Top
The Double Top reversal pattern has formed on the USDCAD M5 chart. Its upper boundary is at 1.3994, its lower boundary is at 1.3987, and its width is 7 points. A short position may be considered below the lower boundary at 1.3987, with a potential target at 1.3972.
USDCAD M5
Head and Shoulders
The Head and Shoulders pattern has formed on the USDCAD M5 chart. The head high is at 1.3810, while the neckline passes through 1.3802/1.3803. The pattern may reverse the current uptrend. A break below the lower neckline anchor may confirm the bearish reversal.
USDCAD M5
Double Bottom
The Double Bottom pattern has formed on the USDCAD M5 chart. Its support is at 1.3765, its resistance is at 1.3785, and its width is 20 points. A break above resistance may confirm a trend reversal, with the first target projected 20 points away.
USDCAD M30
Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the USDCAD M30 chart. Its lower boundary passes through 1.3759/1.3775, while its upper boundary passes through 1.3793/1.3775. The pattern width is 34 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If USDCAD breaks below the lower boundary, the price could move toward 1.3745.
USDCAD M5
Bullish Pennant
A Bullish Pennant continuation signal has formed on the USDCAD M5 chart. A long position may be considered above the pattern high at 1.3782, with the projected move based on the height of the flagpole.
USDCAD M5
Bullish Rectangle
The Bullish Rectangle has formed on the USDCAD M5 chart. This pattern indicates a likely continuation of the trend. Its resistance is at 1.3806 and its support is at 1.3799. A breakout above the resistance zone at 1.3806–1.3806 is likely to signal a continuation of the bullish trend.
USDCAD M5
Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the USDCAD M5 chart. A break below the lower boundary at 1.3804 is likely to signal a continuation of the downtrend.
USDCAD M5
Double Bottom
The Double Bottom pattern has formed on the USDCAD M5 chart. Its support is at 1.3804, its resistance is at 1.3810, and its width is 6 points. A break above resistance may confirm a trend reversal, with the first target projected 6 points away.
USDCAD M5
Bullish Pennant
A Bullish Pennant continuation signal has formed on the USDCAD M5 chart. A long position may be considered above the pattern high at 1.3806, with the projected move based on the height of the flagpole.
USDCAD M15
Bullish Pennant
A Bullish Pennant continuation signal has formed on the USDCAD M15 chart. A long position may be considered above the pattern high at 1.3805, with the projected move based on the height of the flagpole.