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

The Bullish pennant graphic pattern has formed on the #FB H1 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 748.89.

The Bullish pennant signal – Trading instrument #FB M30, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 748.83, with the prospect of the next move being a projection of the flagpole height.

The Bullish pennant graphic pattern has formed on the #FB M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 742.72.

According to the chart of M5, #FB formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 716.45 and 709.26 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 719 pips. Outlook: If the upper border 716.45 is broken, the price is likely to continue its move by 712.99.

According to the chart of M5, #FB formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 713.03 and 701.27 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 1176 pips. Outlook: If the upper border 713.03 is broken, the price is likely to continue its move by 708.06.