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
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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
EURJPY
EURJPY M5
Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the EURJPY M5 chart. A break below the lower boundary at 178.44 would signal a likely continuation of the downtrend. The projected move corresponds to the pattern width of 38 points.
EURJPY M5
Triple Bottom
The Triple Bottom pattern has formed on the EURJPY M5 chart. A break above the confirmation resistance at 179.03 may signal a reversal from a downtrend to an uptrend.
EURJPY M5
Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the EURJPY M5 chart. A break below the lower boundary at 178.86 is likely to signal a continuation of the downtrend.
EURJPY M5
Bearish Rectangle
The Bearish Rectangle has formed on the EURJPY M5 chart and indicates a likely continuation of the trend. Its upper boundary is at 179.03 and its lower boundary is at 178.86. A short position may be considered once the price closes below the lower boundary at 178.86 of the Bearish Rectangle.
EURJPY M15
Bullish Rectangle
The Bullish Rectangle has formed on the EURJPY M15 chart and indicates a likely continuation of the trend. Its upper boundary is at 178.65 and its lower boundary is at 178.35. A long position may be considered after the price breaks above the upper boundary at 178.65 of the Bullish Rectangle.
EURJPY M30
Double Top
The Double Top reversal pattern has formed on the EURJPY M30 chart. Its upper boundary is at 178.65, its lower boundary is at 177.93, and its width is 72 points. A break below the lower boundary is likely to confirm further downward movement toward 177.63.
EURJPY M5
Double Bottom
The Double Bottom pattern has formed on the EURJPY M5 chart. Its upper boundary is at 178.35, its lower boundary is at 178.22, and its width is 13 points. A break above the upper boundary at 178.35 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.
EURJPY M5
Double Bottom
The Double Bottom pattern has formed on the EURJPY M5 chart. Its upper boundary is at 178.20, its lower boundary is at 177.81, and its width is 38 points. A break above the upper boundary at 178.20 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.
EURJPY M5
Double Bottom
The Double Bottom pattern has formed on the EURJPY M5 chart. Its upper boundary is at 178.90, its lower boundary is at 178.77, and its width is 13 points. A break above the upper boundary at 178.90 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.
EURJPY M5
Double Bottom
The Double Bottom pattern has formed on the EURJPY M5 chart. Its support is at 178.30, its resistance is at 178.50, and its width is 20 points. A break above resistance may confirm a trend reversal, with the first target projected 19 points away.