FX.co ★ Actual patterns. Technical analysis and trading recommendations
实际图案
Bullish Symmetrical Triangle
According to the chart of M5, GOLD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 4116.07 and 4036.43 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 7964 pips. Outlook: If the upper border 4116.07 is broken, the price is likely to continue its move by 4078.85.
Bearish Symmetrical Triangle
According to the chart of M30, GOLD formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 3995.50 is likely to encourage a continuation of the downward trend.
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Bearish Symmetrical Triangle
According to the chart of M15, GOLD formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 3995.50 is likely to encourage a continuation of the downward trend.
Double Bottom
The Double Bottom pattern has been formed on GOLD H1. Characteristics: the support level 4011.04; the resistance level 4046.58; the width of the pattern 3554 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 3669 points.
Double Bottom
The Double Bottom pattern has been formed on GOLD M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 4046.58 is broken. The further movements will rely on the width of the current pattern 3554 points.
