FX.co ★ Actual patterns. Technical analysis and trading recommendations
实际图案
Inverse Head and Shoulder
According to M15, EURGBP is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 0.8581/0.8581 is broken out, the instrument is likely to move toward 0.8604.
Bearish Rectangle
According to the chart of M15, EURGBP formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.8575 – 0.8575 and upper border 0.8581 – 0.8581. In case the lower border is broken, the instrument is likely to follow the downward trend.
在交易员论坛上
注册 b> 赚钱! b>
Double Bottom
The Double Bottom pattern has been formed on EURGBP M30; the upper boundary is 0.8587; the lower boundary is 0.8575. The width of the pattern is 12 points. In case of a break of the upper boundary 0.8587, 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.
Bullish Symmetrical Triangle
According to the chart of M5, EURGBP formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.8599 and 0.8563 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 36 pips. Outlook: If the upper border 0.8599 is broken, the price is likely to continue its move by 0.8599.
Inverse Head and Shoulder
According to the chart of M5, EURGBP produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 0.8588 while the median line of the Neck is set at 0.8592/0.8592. The formation of the Inverse Head and Shoulder Pattern clearly indicates a reversal of the downward trend. In means that in case the scenario comes true, the price of EURGBP will go towards 0.8607.