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

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2026-05-06T03:00:38
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EURCAD M5
Bullish Symmetrical Triangle
According to the chart of M5, EURCAD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.5949/1.5938 whereas the lower border goes across 1.5930/1.5938. The pattern width is measured on the chart at 19 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 1.5938 is broken, the price could continue its move toward 1.5953.
2026-05-06T02:45:45
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EURUSD M15
Double Top
The Double Top reversal pattern has been formed on EURUSD M15. Characteristics: the upper boundary 1.1725; the lower boundary 1.1711; the width of the pattern is 15 points. Sell trades are better to be opened below the lower boundary 1.1711 with a possible movements towards the 1.1688 level.
2026-05-06T02:34:36
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USDCAD M15
Double Bottom
The Double Bottom pattern has been formed on USDCAD M15; the upper boundary is 1.3607; the lower boundary is 1.3594. The width of the pattern is 12 points. In case of a break of the upper boundary 1.3607, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
2026-05-06T02:30:23
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GBPUSD M15
Triple Top
The Triple Top pattern has formed on the chart of the GBPUSD M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 1.3534/1.3564 with the upper limit 1.3577/1.3579; the projection of the width is 43 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 1.3534, the price is most likely to continue the downward movement.
2026-05-06T02:06:23
rise fall
USDCAD M5
Triple Bottom
The Triple Bottom pattern has formed on the chart of USDCAD M5. Features of the pattern: The lower line of the pattern has coordinates 1.3607 with the upper limit 1.3607/1.3599, the projection of the width is 12 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 1.3595, the price is most likely to continue the upward movement.
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