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
NZDUSD
NZDUSD M15
Triple Top
The Triple Top reversal pattern has formed on the NZDUSD M15 chart. Its upper boundary is at 0.5736/0.5734, its lower boundary is at 0.5720/0.5727, and its current width is 6 points. If the confirmation support at 0.5720 is broken, that width can be used to project the downward move.
NZDUSD M5
Bullish Symmetrical Triangle
The Bullish Symmetrical Triangle pattern has formed on the NZDUSD M5 chart. Its lower boundary passes through 0.5742/0.5748, while its upper boundary passes through 0.5753/0.5748. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, NZDUSD is expected to break the upper boundary and move toward 0.5763.
NZDUSD M5
Bullish Rectangle
The Bullish Rectangle has formed on the NZDUSD M5 chart and indicates a likely continuation of the trend. Its upper boundary is at 0.5765 and its lower boundary is at 0.5757. A long position may be considered after the price breaks above the upper boundary at 0.5765 of the Bullish Rectangle.
NZDUSD M15
Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the NZDUSD M15 chart. A break below the lower boundary at 0.5752 would signal a likely continuation of the downtrend. The projected move corresponds to the pattern width of 36 points.
NZDUSD M5
Bearish Rectangle
The Bearish Rectangle has formed on the NZDUSD M5 chart. This is a trend continuation pattern bounded by the lower boundary at 0.5752–0.5752 and the upper boundary at 0.5761–0.5761. A breakout below the lower boundary is likely to signal a continuation of the downtrend.
NZDUSD H1
Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the NZDUSD H1 chart. Its lower boundary passes through 0.5787/0.5809, while its upper boundary passes through 0.5839/0.5809. The pattern width is 52 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If NZDUSD breaks below the lower boundary, the price could move toward 0.5769.
NZDUSD M30
Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the NZDUSD M30 chart. Its lower boundary passes through 0.5787/0.5809, while its upper boundary passes through 0.5838/0.5809. The pattern width is 51 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If NZDUSD breaks below the lower boundary, the price could move toward 0.5779.
NZDUSD M15
Triple Bottom
The Triple Bottom pattern has formed on the NZDUSD M15 chart. It has the following characteristics: resistance at 0.5794; support at 0.5789; pattern width of 5 points. If the confirmation resistance at 0.5806 is broken, the price is likely to continue upward by at least 19 points.
NZDUSD H1
Bearish Flag
The Bearish Flag pattern has formed on the NZDUSD H1 chart. Its lower boundary passes through 0.5787/0.5793, while its upper boundary passes through 0.5791/0.5797. The projected flagpole height is 19 points. The formation indicates that the downtrend is likely to continue. A break below 0.5787 would confirm further downward movement.
NZDUSD H1
Bearish Pennant
The Bearish Pennant pattern has formed on the NZDUSD H1 chart. It represents a brief consolidation before the price potentially resumes the prevailing trend. A short position may be considered if the price closes below the pattern low at 0.5787.