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
SILVER
SILVER M30
Double Top
The Double Top pattern has formed on the SILVER M30 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 64.36 is likely to confirm further downward movement.
SILVER M5
Double Top
The Double Top reversal pattern has formed on the SILVER M5 chart. Its upper boundary is at 63.26, its lower boundary is at 62.52, and its width is 735 points. A break below the lower boundary is likely to confirm further downward movement toward 62.51.
SILVER M30
Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the SILVER M30 chart. A break below the lower boundary at 62.48 is likely to signal a continuation of the downtrend.
SILVER M5
Triple Top
The Triple Top pattern has formed on the chart of the SILVER M5 trading instrument. It is a reversal pattern with resistance at 63.50/63.48, support at 63.09/63.38, and a width of 410 points. A break below the confirmation support at 63.09 may signal further downward movement.
SILVER M5
Bearish Pennant
The Bearish Pennant pattern has formed on the SILVER M5 chart and signals a potential continuation of the existing trend. The pattern low is at 63.75, and the projected flagpole height is 695 points. If the price breaks below the pattern low at 63.75, the downtrend is expected to continue toward 63.73.
SILVER M5
Double Bottom
The Double Bottom pattern has formed on the SILVER M5 chart. Its support is at 63.02, its resistance is at 63.21, and its width is 190 points. A break above resistance may confirm a trend reversal, with the first target projected 205 points away.
SILVER M15
Double Bottom
The Double Bottom pattern has formed on the SILVER M15 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 63.55. The projected move is based on the pattern width of 175 points.
SILVER M15
Double Bottom
The Double Bottom pattern has formed on the SILVER M15 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 64.97. The projected move is based on the pattern width of 1080 points.
SILVER M5
Double Bottom
The Double Bottom pattern has formed on the SILVER 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 66.16. The projected move is based on the pattern width of 700 points.
SILVER M5
Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the SILVER M5 chart. A break below the lower boundary at 65.44 would signal a likely continuation of the downtrend. The projected move corresponds to the pattern width of 380 points.