FX.co ★ Actual patterns. Technical analysis and trading recommendations
实际图案
Double Bottom
The Double Bottom pattern has been formed on SILVER M5. Characteristics: the support level 79.00; the resistance level 79.58; the width of the pattern 585 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 550 points.
Double Top
The Double Top pattern has been formed on AUDJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 113.36 is broken, the downward movement will continue.
Double Top
The Double Top pattern has been formed on GBPCHF D1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.0516 is broken, the downward movement will continue.
Inverse Head and Shoulder
According to D1, #MA is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 513.50/511.73 is broken out, the instrument is likely to move toward 512.13.
Double Top
On the chart of NZDCAD M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8133; the lower boundary 0.8116; the width of the pattern 17 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.8086 level.
