FX.co ★ Actual patterns. Technical analysis and trading recommendations
实际图案
Triple Bottom
The Triple Bottom pattern has formed on the chart of the #Bitcoin M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 64201.08/64188.55.
Bearish Symmetrical Triangle
According to the chart of M30, GBPAUD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.9037 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -68 pips.
Double Bottom
The Double Bottom pattern has been formed on EURJPY M30. Characteristics: the support level 186.21; the resistance level 186.41; the width of the pattern 20 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 21 points.
Double Top
On the chart of USDCHF M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8184; the lower boundary 0.8162; the width of the pattern 22 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.8140 level.
Bearish Symmetrical Triangle
According to the chart of M15, #EBAY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 107.52 is likely to encourage a continuation of the downward trend.