FX.co ★ Actual patterns. Technical analysis and trading recommendations

According to the chart of M5, AUDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 92.02/92.38 and upper border is 92.67/92.38. The pattern width is measured on the chart at -65 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and AUDJPY breaches the lower border, the price could continue its move toward 92.23.

The Bearish Flag pattern has been formed on the chart AUDCAD M5 which signals that the downward trend will continue. If the price breaks below the low at 0.8881, then it is most likely to move further downwards. The price will likely move by the number of points which equals the length of the flag pole (10 points).

The Bearish pennant pattern has formed on the AUDCAD M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 0.8881; the projection of the flagpole height is equal to 21 pips. In case the price breaks out the pattern’s bottom of 0.8881, the downtrend is expected to continue for further level 0.8866.

The Bullish Flag pattern which signals continuation of a trend has been formed on the chart #Bitcoin M15. Forecast: if the price breaks above the pattern high at 83549.27, then traders will be able to place a long deal with the target at 83549.49.

The Bullish pennant signal – Trading instrument #Bitcoin M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 83549.27, with the prospect of the next move being a projection of the flagpole height.